Sainsbury’s and Asda get extra time over CMA merger inquiry

CMA says its priority is to ‘assess if shoppers would face higher prices’ due to mergerSainsbury’s and Asda have won extra time to respond to a competition authority investigation into their planned £7.3bn merger.A competition appeal tribunal hearing in London on Friday ruled that the Competition and Markets Authority (CMA) must give lawyers for Sainsbury and Asda more time. Related: Asda says 2,500 jobs at risk before Sainsbury's mergerContinue reading...