Sainsbury's and Asda pledge £1bn price cuts in bid win CMA round to merger

  • 📰 The Independent
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 59%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The two sides have also claimed the watchdog made a series of errors in its wintry assessment of the deal's impact on competition

Costa Cola

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 80. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sainsbury and Asda vow merger price cutsThe retail giants tell the competition watchdog a merger would mean shoppers save 10% on everyday items. Easter egg time in the UK. But a no deal Brexit will raise food prices. Something isnt right here 🤔🤔😂😂
Source: BBCNews - 🏆 3. / 97 Read more »

Sainsbury's and Asda promise £1bn of price cuts if merger is approvedReductions on everyday items of 10% promised by supermarket giants, as they plead to get deal over the line Asda price cuts are a scam, whilst you might save, someone else will end up having to pay.
Source: The Independent - 🏆 80. / 59 Read more »

Sainsbury's dangles £1bn in price cuts in last-ditch effort to secure Asda dealSainsbury's has promised price cuts of £1bn a year for shoppers and committed to selling off stores in a last-gasp effort to convince the competition watchdog to approve its £12bn merger with Asda. Customers don't want mergers and monopolies in our food market. We want competition. If you can't compete you deserve to go out of business. How long for?
Source: The Telegraph - 🏆 41. / 63 Read more »

Sainsbury’s to publish price cut data if Asda merger goes aheadSupermarkets ‘happy to be held to account’ on reducing prices by £1bn
Source: The Guardian - 🏆 84. / 53 Read more »

Supermarkets pledge £1bn price cuts in merger fightbackSainsbury's and Asda have pledged to deliver price cuts worth £1bn as they fight back against a competition ruling that has thrown their planned merger into jeopardy. Cost of food going up in a no deal Brexit? How will they achieve this then ? blowingthebloodydoorsoff wallop sainsburys fighting back. great news So this merger is all about saving consumers money and not them making bigger profits. Yeah ok then we believe you!
Source: SkyNews - 🏆 35. / 67 Read more »