Consultation on new draft guidance on mergers: exceptions to the duty to refer
- From:
- Competition and Markets Authority
- Published
- 20 November 2023
- Last updated
- 25 April 2024 — See all updates
Download the full outcome
Exceptions to the duty to refer consultation document
PDF, 223 KB, 12 pages
Detail of outcome
25 April 2024: The guidance Mergers: Exception to the duty to refer in markets of insufficient importance (CMA64) has been updated. In particular, the CMA has updated its approach to the markets of insufficient importance (the ‘de minimis’ exception).
Feedback received
Herbert Smith Freehills LLP
PDF, 164 KB, 4 pages
Eversheds Sutherland
PDF, 245 KB, 8 pages
Allen & Overy LLP
PDF, 146 KB, 3 pages
Original consultation
Summary
The CMA is consulting on proposed updates to its published guidance relating to the application of the ‘de minimis’ exception.
This consultation closesran atfrom
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Consultation description
The CMA is consulting on new draft guidance on exceptions to its duty to refer mergers raising competition concerns for an in-depth phase 2 investigation. The revised draft updates Chapter 2 (markets of insufficient importance) setting out the CMA’s approach to the ‘de minimis’ exception, with no changes made to the other chapters.
We encourage any interested parties to respond to the consultation in writing by no later than 5pm on 8 January 2024, by emailing deminimis.guidance@cma.gov.uk. You can also contact us with any queries using this email address.
For more informationinformation, onvisit the consultation,Mergers pleaseexceptions seeto the belowduty linkedto consultationrefer document.and undertakings in lieu guidance page
Personal data
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Documents
Exceptions to the duty to refer guidance
PDF, 279 KB, 18 pages
Exceptions to the duty to refer consultation document
PDF, 275 KB, 15 pages
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Last updated 25 April 2024 + show all updates
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Consultation outcome published
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First published.
Update history
2024-04-25 13:00
Consultation outcome published
2023-11-20 16:02
First published.