Bloomberg / Broadway Technology merger inquiry
The CMA investigated the anticipated acquisition by Bloomberg L.P. of Broadway Technology, LLC.
Statutory timetable
| Date | Action |
|---|---|
| 6 September 2023 | Decision announced |
| 19 July 2023 | Launch of merger inquiry |
| 19 July 2023 to 2 August 2023 | Invitation to comment |
Phase 1
Found not to qualify decision
6 September 2023: The CMA has decided that the anticipated acquisition by Bloomberg L.P. of Broadway Technology, LLC does not qualify for investigation under the merger provisions of the Enterprise Act 2002.
- (7.9.23)
Launch of merger inquiry
19 July 2023: The CMA announced the launch of its merger inquiry by notice to the parties.
- (19.7.23)
Invitation to comment: now closed
19 July 2023: The 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.
To assist it with this assessment, the CMA invites comments on the transaction from any interested party.
Contact
Please send written representations about any competition issues to general.enquiries@cma.gov.uk
Updates to this page
Published 19 July 2023Last updated 7 September 2023 + show all updates
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Full text decision published.
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Phase 1 decision published
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First published.