The competition regulator is to extend its investigation into the proposed merger of J Sainsbury and Asda by eight weeks.
As widely expected, the Competition and Markets Authority has delayed the deadline for its final report on the £12bn transaction from March 5 to April 30.
The decision comes after the Competition Appeal Tribunal said in a ruling last month, following a legal spat between the grocers and the regulator about a deadline extension, that it was “almost inevitable” that the CMA would have to extend the inquiry.
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