Morrisons is not a must-do deal for Sainsbury’s
Odds are good the CMA would approve of a supermarket merger. But does Sainsbury’s need Morrisons? Would competition regulators really smile upon a combination of Sainsbury’s and Morrisons? One must assume the two companies believed the Competition and Markets Authority (CMA) would give a thumbs up if asked, otherwise they would not have initiated their now-aborted merger talks . It’s easy to list…
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