The competition watchdog has extended the deadline for its decision on the proposed merger between supermarkets Sainsbury’s and Asda by almost two months, citing the scope and complexity of the deal. The competition watchdog has extended the deadline for its decision on the proposed merger between supermarkets Sainsbury’s and Asda by almost two months, citing the scope and complexity of the deal. The Competition and Markets Authority (CMA), which has been probing the deal, has pushed back the date for a final decision to April 30. We’ve set out the issues we plan to look at in our ongoing investigation of the Sainsbury’s / Asda merger. The tight timetable of the investigation had previously caused concern in December, when Sainsbury’s and Asda were granted additional time to respond to materials.

Source: Irish Independent February 11, 2019 14:50 UTC