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UK: CMA report of Asda/Sainsbury’s deal delayed

 |  January 24, 2019

The Competition and Markets Authority (CMA) will announce the findings of its investigation into the proposed Sainsbury’s-Asda merger on April 30, close to two months on from the previously planned publication date of March 5.

The Competition Appeal Tribunal announced the extended deadline after Sainsbury’s and Asda brought a case against the CMA over the time offered to respond to evidence due to the “unprecedented size and complexity” of the case.

The mega merger was first announced in April last year.

As part of its probe on the proposal, the CMA sought the views of interested parties like supermarkets and suppliers, publishing submissions as it received them.

Full Content: The Drinks Business

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