Sainsbury’s and Asda confirm fuel price strategy commitments to CMA

Sainsbury’s and Asda confirm fuel price strategy commitments to CMA

Sainsbury’s has confirmed that it will cap its fuel gross profit margin to no more than 3.5 pence per litre for five years, while Asda will guarantee its existing fuel pricing strategy, in a strong rebuttal to the findings of the Competiton and Markets Authority (CMA).

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