Bauer Radio / UKRD Group merger inquiry
The CMA is investigating the anticipated acquisition by Bauer Radio Limited (part of Bauer Media Group) of UKRD Group Limited.
Statutory timetable
Phase 1 Date | Action |
---|---|
24 July 2019 | Decision announced |
29 May 2019 to 12 June 2019 | Invitation to comment |
29 May 2019 | Launch of merger inquiry |
12 March 2019 | Initial enforcement order |
Phase 2
For all information related to the phase 2 inquiry, see the Bauer Media Group merger inquiry page.
Terms of reference
7 August 2019: The CMA has referred the completed acquisitions by Bauer Media Group of certain businesses of Celador Entertainment Limited, Lincs FM Group Limited and Wireless Group Limited, as well as the entire business of UKRD Group Limited for an in-depth investigation.
- (9.8.19)
Phase 1
Reference decision
7 August 2019: The CMA has referred the Bauer Radio / UKRD Group merger inquiry for an in-depth investigation.
- (30.8.19)
Reference unless undertakings accepted
24 July 2019: The CMA has decided, on the information currently available to it, that it is or may be the case that this merger has resulted or may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom. This merger will be referred for a phase 2 investigation unless the parties offer acceptable undertakings to address these competition concerns.
- (30.8.19)
- News story: Bauer’s takeover of radio businesses raises competition concerns (24.7.19)
Notification of merger inquiry to the Department for Digital, Culture, Media & Sport
3 June 2019: The CMA brought the acquisition by Bauer Radio Limited of UKRD Group Limited to the attention of the Secretary of State for Digital, Culture, Media & Sport under section 57(1) of the Act, as the CMA considered that the transaction may raise public interest considerations under section 58 of the Act.
Invitation to comment: now closed
29 May 2019: The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction, if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.
Launch of merger inquiry
29 May 2019: The CMA announced the launch of its merger inquiry by notice to the parties.
- (29.5.19)
Initial enforcement order
On 12 March 2019 the CMA served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on Bauer Radio Limited.
- (14.3.19)
Amendments/consents granted
- (21.2.20)
- (21.11.19)
- (14.6.19)
- (14.6.19)
Contact
Please send written representations about any competition or public interest to:
Matteo Alchini
Please note that, due to the ongoing COVID-19 outbreak, the CMA’s offices across the UK are closed until further notice. We are no longer able to accept delivery of any documents or correspondence by post or courier to any of our offices.
Updates to this page
Last updated 21 February 2020 + show all updates
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Derogation published.
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Derogation published.
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Published: Phase 1 full text decision.
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Published: Decision to refer for an in-depth investigation.
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Decision announced: reference to phase 2 unless undertakings accepted
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Merger inquiry notified to the Department for Digital, Culture, Media & Sport, as the CMA considers that the transaction may raise public interest considerations.
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Launch of CMA merger inquiry
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First published.