David Lloyd Clubs / Virgin Active gyms merger inquiry
The CMA investigated the anticipated acquisition by David Lloyd Clubs Limited of 16 Virgin Active Limited gyms.
Statutory timetable
Phase 1 date | Action |
---|---|
13 June 2017 | Undertakings in lieu of reference accepted |
26 May 2017 | Decision published |
19 May 2017 | Decision announced |
21 March 2017 | Launch of merger inquiry |
17 to 31 March 2017 | Invitation to comment |
Phase 1
Undertakings in lieu of reference accepted
13 June 2017: The CMA has accepted undertakings in lieu of reference for the anticipated acquisition by David Lloyd Clubs Limited of 16 Virgin Active Limited gyms. A copy of the undertakings and the decision are available below.
- (13.6.17)
- (13.6.17)
- News story: CMA accepts gyms merger undertakings (13.6.17)
Undertakings in lieu of reference consultation: now closed
26 May 2017: We are consulting on proposed undertakings in lieu of a reference for the anticipated acquisition by David Lloyd Clubs Limited of 16 Virgin Active Limited gyms.
- (26.5.17)
- (26.5.17)
- News story: CMA consults over gyms merger undertakings (26.5.17)
CMA to consider undertakings offered
26 May 2017: The CMA considers that there are reasonable grounds for believing that the undertakings offered by David Lloyd Clubs Limited, or a modified version of them, might be accepted by the CMA under the Enterprise Act 2002. A copy of the decision is available below.
- (26.5.17)
Reference unless undertakings accepted
19 May 2017: The CMA has decided, on the information currently available to it, that it is or may be the case that this merger 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. The full text of the decision is available below.
- (26.5.17)
- News story: Gyms merger has chance to avoid in-depth investigation (19.5.17)
Launch of merger inquiry
21 March 2017: The CMA announced the launch of its merger inquiry by notice to the parties.
- (21.3.17)
Invitation to comment: Now closed
17 March 2017: 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.
Contact
Please send written representations about any competition issues to:
Daniella Sinobad
Competition and Markets Authority
Victoria House
Southampton Row
London
WC1B 4AD
Updates to this page
Last updated 13 June 2017 + show all updates
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Undertakings in lieu of reference accepted.
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Full text decision published, CMA to consider undertakings announcement added, decision that undertakings might be accepted published, and undertakings in lieu of reference consultation launched.
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Decision announced: reference unless undertakings accepted.
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Launch of CMA merger inquiry.
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First published.