The Office of Fair Trading has insisted that a 10-day extension it has given itself to consider the proposed sale by Morrisons of 14 stores to Sainsbury is merely routine.
A spokesman said its period of deliberation was extended from 20 working days to 30 in a large number of cases. “It’s commonplace. We may need more information, you can’t read anything into this,” he said.
The OFT has until June 30 to consider the proposed acquisition of the stores, which Morrisons must shed to comply with Competition Commission guidance on its Safeway buy.