Solera / Emperor 1 merger inquiry

The CMA investigated the acquisition by Solera Holdings, Inc. Limited of Emperor 1 Limited.

From:
Competition and Markets Authority
Published
30 January 2017
Last updated
27 September 2017 — See all updates
Case type:
Mergers
Case state:
Closed
Market sector:
Motor industry
Outcome:
Mergers - phase 1 clearance with undertakings in lieu
Opened:
30 January 2017
Closed:
27 September 2017

Statutory timetable

Phase 1 Date Action
16 June 2017 Decision published
17 May 2017 Decision announced
20 March to 31 March 2017 Invitation to comment
20 March 2017 Launch of merger inquiry
25 January 2017 Initial enforcement order

Phase 1

Undertakings in lieu of reference accepted

21 September 2017: The CMA has accepted undertakings in lieu of reference for the acquisition by Solera Holdings, Inc. Limited of Emperor 1 Limited. Copies of the undertakings and the decision are available below.

Extension of consideration of undertakings in lieu

25 July 2017: The CMA has extended the consideration of UILs until 22 September 2017.

Undertakings in lieu of reference consultation: now closed

6 July 2017: We are consulting on proposed undertakings in lieu of a reference for the anticipated acquisition by Solera Holdings, Inc. Limited of Emperor 1 Limited.

CMA to consider undertakings offered

1 June 2017: The CMA considers that there are reasonable grounds for believing that the undertakings offered by Solera Holdings, Inc., 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.

Reference unless undertakings accepted

17 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.

Invitation to comment: closes 31 March 2017

20 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.

Launch of merger inquiry

20 March 2017: The CMA announced the launch of its merger inquiry by notice to the parties.

Initial enforcement order

On 25 January 2017, the CMA served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on Solera Holdings, Inc. HPI Holding Limited and Emperor 1 Limited in relation to the acquisition by Solera Holdings, Inc. Limited of Emperor 1 Limited.

Amendments/consents granted

Contact

Please send written representations about any competition or public interest to:

Alison Trinkl
Competition and Markets Authority
Victoria House
Southampton Row
London
WC1B 4AD

alison.trinkl@cma.gsi.gov.uk

Updates to this page

Published 30 January 2017
Last updated 27 September 2017 + show all updates

  1. Undertakings in lieu acceptance decision published.

  2. Undertakings in lieu of reference accepted.

  3. Derogation published.

  4. Notice of extension published.

  5. Derogation published.

  6. Decision that undertakings might be accepted published and undertakings in lieu of reference consultation launched.

  7. Derogation published.

  8. Full text of the decision published.

  9. Derogation published.

  10. CMA to consider undertakings announcement added.

  11. Decision announced: Reference unless undertakings accepted.

  12. Launch of CMA merger inquiry.

  13. Derogation published.

  14. Derogation published.

  15. Derogation published.

  16. First published.

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