Tag Archives: asda

Vince: Supermarket mega-merger must be referred to competition watchdog.

The news that two of the big four supermarkets in this country were in merger talks was greeted with concern with many people.

If this goes ahead, the new company would control 30% of the market which is in few enough hands as it is.

Vince Cable basically said that it was a no-brainer that this should be fully investigated before it was allowed. He said:

The grocery market – and the British shopper – already suffers from the mid-market being dominated by just a handful of big players. What the merger of the second and third biggest supermarkets threatens is the creation of

Posted in News | Also tagged , , and | 16 Comments
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