LN-Gaiety / Isle of Wight Festival merger inquiry
The CMA investigated and cleared the completed acquisition by LN-Gaiety Holdings Limited (Live Nation) of Isle of Wight Festival Limited.
Statutory timetable
Phase 1 date | Action |
---|---|
3 October 2017 | Decision published |
14 September 2017 | Decision announced |
5 July to 19 July 2017 | Invitation to comment |
5 July 2017 | Launch of merger inquiry |
24 April 2017 | Initial enforcement order |
Phase 1
CMA clearance decision
14 September 2017: The CMA has cleared the completed acquisition by LN-Gaiety Holdings Limited (Live Nation) of Isle of Wight Festival Limited. The full text of the decision is available below.
- (3.10.17)
- News story: CMA clears festivals merger (14.9.17)
Extension of the 4-month period and the preliminary assessment period
- (11.8.17)
- (28.7.17)
Invitation to comment: Now closed
5 July 2017: The CMA is considering whether it is or may be the case that this transaction has resulted 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 has resulted, or 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
5 July 2017: The CMA announced the launch of its merger inquiry by notice to the parties.
- (5.7.17)
Initial enforcement order
On 24 April 2017, the CMA served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on LN-Gaiety Holdings Limited, in relation to the completed acquisition by LN-Gaiety Holdings Limited (Live Nation) of Isle of Wight Festival Limited.
- (25.4.17)
Amendments/consents granted:
- (23.6.17)
- (19.6.17)
- (30.5.17)
- (30.5.17)
- (16.5.17)
- (10.5.17)
- (9.5.17)
Contact
Please send written representations about any competition or public interest to:
Karina Kucaidze
Competition and Markets Authority
Victoria House
Southampton Row
London
WC1B 4AD
Updates to this page
Last updated 3 October 2017 + show all updates
-
Full text of the decision published.
-
Clearance decision announced.
-
Notice of termination of extension published.
-
Notice of extension published.
-
Invitation to comment issued and commencement of initial period notice published.
-
Derogation published.
-
Derogation published.
-
Derogation and variation order published.
-
Derogation published.
-
Derogation published.
-
Derogation published.
-
First published.