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CMA final decisions: release of three legacy merger undertakings and revocation of Energy Market Investigation (ECOES/DES) Order 2016

Published on: 10 July 2024

Published by a LexisNexis Competition expert
Legal News
Table of contents
  • Mergers
  • Upcoming dates
Article summary

Mergers

CMA publishes final decisions relating to reviews of three sets of merger undertakings and one market investigation order

The CMA has issued its final decisions to:

  • release undertakings in lieu of reference from August 2011 concerning the acquisition by Acergy SA of Subsea 7 Inc.
  • release undertakings in lieu of reference from August 2008 relating to the acquisition by Home Retail Group plc of 27 leasehold properties from Focus (DIY) Ltd
  • release undertakings provided in February 2002 by Lloyds TSB Group plc regarding its acquisition of Abbey National plc
  • revoke the Energy Market Investigation (ECOES/DES) Order 2016

The CMA concluded that, due to changes in circumstance, each of these remedies is no longer appropriate and should therefore be released (for the undertakings) and revoked (for the order). See further, final decisions.

Upcoming dates

For dates of upcoming UK competition developments, see further, UK Competition calendar...

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