Sainsbury's Asda Buy Could Make UK A Tougher Grocery Market For Amazon
Sainsbury's purchase of Walmart's Asda may pressure UK grocery prices and make the British market less attractive for newer players such as Amazon.com.
The Sainsbury deal to buy Asda, announced on Monday, comes as retailers on both sides of the Atlantic grapple with heightened competition from the discounters such as Germany's Aldi and Lidl and e-commerce giant Amazon.
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