Asda-Sainsbury’s merger: £1bn in price cuts promised as retailers battle to convince competition reg
date:Mar 21, 2019
ar.

The retailers strongly encourage the CMA to recognize that there is a clear benefit to consumers from combining the two companies.

We are trying to bring our businesses together so that we can help millions of customers make significant savings on their shopping and their fuel costs, two of their biggest regular outgoings, says Sainsbury's Chief Executive, Mike Coupe and Asda Chief Executive, Roger Burnley.

We are committing to reducing prices by 1 billion per year by the third year which
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