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NFU responds to CMA announcement on Sainsbury’s and Asda merger

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Responding to the announcement by the CMA today that they will block the proposed merger of Sainsbury’s and Asda, NFU Director General Terry Jones said: “The NFU’s key concern about the proposed merger has always been the potential impact it could have on our members, with the possibility for abusive market power, as well as the impact on consumer choice and the quality of products coming to the market.

“It is clear from the CMA’s findings that they recognise the impact further consolidation could have on the supply chain, and ultimately shoppers.

“In light of this decision, we will be seeking a meeting with both Sainsbury’s and Asda to fully understand what this decision will mean moving forward.”

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