Sainsbury's share price collapsed in morning trading on Wednesday after the Competition and Markets Authority (CMA) warned the proposed merger with Asda would create "extensive" competition concerns.
In a release on Wednesday morning, the CMA said these competition concerns could be felt at both a national and local level throughout the whole of the UK. Furthermore, the proposed merger could result...
Latest news and analysis
Fears shutdown could delay passage of financial services laws
Ceremony takes place on Wednesday 20 November
Using private capital for public good