In a joint statement following the publication of Asda and Sainsbury's full response to the CMA Phase Two Issues Statement, a spokesperson said:

“We are working constructively with the CMA and Inquiry panel as they conduct their in-depth review into the proposed merger. Customers will be the big winners from the combination.

"By bringing our two businesses together, we will be able to invest further in range, quality and customer service, while lowering prices and reducing the cost of living for millions of UK households.”

View the full CMA Phase Two Issues Statement