M&A Activity Heats Up But Antitrust Regulators Are Wary
M&A Activity Heats Up But Antitrust Regulators Are Wary Competition regulators in the UK rejected a proposed merger between grocery chains Sainsbury’s and Asda, citing potential harm to shoppers in the form of higher prices and less choice. Meanwhile, in the US, the Department of Justice appears poised to reject a merger between wireless networks