Asda-Sainsbury’s merger: £1bn in price cuts promised as retailers battle to convince competition reg
date:Mar 21, 2019
would reduce prices by around 10 percent on everyday items. We are happy to be held to account for delivering on this commitment and to have our performance independently reviewed and to publish this annually.

We hope that the CMA will properly take account of the evidence we have presented and correct its errors. We have proposed a reasonable yet conservative remedy package and hope the CMA considers this so that we can deliver the cost savings for customers, the Chief Executives conclude.


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