Britain Supermarket Merger

A 2018 view of the Sainsbury's flagship store in the Nine Elms area of London. British competition regulators have blocked J. Sainsbury Plc's $9.4 billion purchase of Walmart's Asda unit, which would have created the U.K.'s biggest supermarket chain. The Competition and Markets Authority says the deal would have increased prices and reduced the quality and range of products available to shoppers, it was reported on Thursday. (AP Photo/Matt Dunham, File)