J Sainsbury and Asda will provide a more specific commitment to cut prices as part of their response to the Competition and Markets Authority’s provisional verdict on their planned £7bn merger, according to people briefed on the process.
They also said the supermarkets would recalculate a key indicator of consumer harm using what they consider to be more realistic criteria, and submit a counterproposal for store disposals.
Analysts had previously estimated between 100 and 150 stores would need to be sold.
