UK regulator casts doubt on Sainsbury's-Asda merger
UK regulator casts doubt on Sainsbury's-Asda merger By Danica Kirka and Anne D'Innocenzio, AP Business Writers LONDON (AP) — British regulators say the proposed supermarkets merger between Sainsbury's and Walmart's Asda unit would push up prices and reduce quality for shoppers, casting doubt on a deal that would create the country's biggest grocery chain. It also serves as yet another regulatory blow