Sainsbury’s-Asda merger ‘may push up price of fuel’

Asda and Sainsbury’s combined would have the UK’s largest market share of petrol
Asda and Sainsbury’s combined would have the UK’s largest market share of petrol
PA ARCHIVE

A senior Tory MP has called for an independent fuel price watchdog amid concerns that the proposed £12 billion merger of Asda and J Sainsbury will push up the cost of petrol and diesel.

Robert Halfon, MP for Harlow and a former education minister, has written to the Competition and Markets Authority with Fair Fuel UK, the campaign group, demanding assurances that prices will be monitored in the event of a merger.

“Both I and Fair Fuel UK have serious concerns that this merger will affect market competition and there is a real worry that it will cause thousands of motorists to be hammered at the pumps,” he said, adding: “It’s even more vital that an independent pump price monitoring watchdog is created.”

Combined, Asda