CMA considers remedies in family law information merger
Earlier this month, the CMA announced that it would refer the anticipated acquisition by Reed Elsevier (UK) Limited (trading as LexisNexis) of Jordan Publishing Limited for an in-depth phase 2 investigation unless acceptable undertakings were offered.
Reed Elsevier has now proposed undertakings to the CMA, providing for a divestment of one title in each of the segments of children law, matrimonial property law and family court reports to a suitable purchaser. The CMA considers that there are reasonable grounds for believing that the undertakings offered by Reed Elsevier, or a modified version of them, might be accepted by the CMA. Click here.
European Commission opens in-depth investigation into Staples' proposed takeover of Office Depot
The European Commission has opened a phase 2 merger investigation into the acquisition of office supplies distributor Office Depot by its competitor Staples, both of the US.
The Commission’s preliminary investigation indicated potential competition concerns in the market for the supply of office products to business customers through international contracts in the EEA, as well as in the market for the supply of office products to business customers through national contracts in the Netherlands and Sweden. Click here.
The CMA has published its response to its consultation on updated guidance on sunset clauses in market investigation remedies. Click here.
The CMA has reached a provisional decision in relation to the monopoly undertakings given by Metal Box plc. The CMA has provisionally concluded that there have been material changes of circumstances relevant to the undertakings due to major developments in the supply of tin cans and metal packaging and that Crown UK Packaging plc (the successor to Metal Box plc) should therefore be released from the undertakings. Click here.
The CMA has reached a provisional decision to revoke the Credit Cards (Merchant Acquisition) Order 1990. The CMA has provisionally concluded that there has been a change of circumstances relevant to the order, and that due to the nature of these changes – particularly the maximum harmonisation of the Payment Services Directive – the Order should be revoked. Click here.
The CMA has provisionally cleared the purchase of Bournemouth Water by South West Water, concluding that the merger is not likely to prejudice Ofwat’s ability to compare water companies’ performance and set price controls. Click here.
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