The Yorkshire-based retailer believes if its takes over Safeway, consumers will benefit from a choice between four evenly matched top grocers. If either of the other contenders – Sainsbury's or Asda – were to be successful in their bids, there would be only three large retailers limiting competition and consumer choice, argues Morrisons.
Meanwhile Morrisons shares are falling making its offer worth several million less than last week.
A response from the OFT is expected in the next six weeks.
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