Food and Drink Federation response to the CMA decision on the proposed Sainsbury's/Asda Merger
26 April 2019
Food and Drink Federation response to the CMA decision on the proposed Sainsbury's/Asda Merger
In response to the CMA decision on the proposed Sainsbury's/Asda Merger, FDF Chief Operating Officer Tim Rycroft said:
“Today's CMA decision is the only logical outcome. This proposed merger was a bad deal for consumers and for food and drink manufacturers. Given the evidence provided by FDF members (and others) of substantial competition harms, it is hard to see how the CMA could have come to any other decision. We are pleased that the concerns of food and drink manufacturers have been heard and acted upon.”
More Information
Contact Skye Oudemans, Corporate Affairs Division, at: skye.oudemans@fdf.org.uk, or 02074207120.
