Consultation on new draft guidance on mergers: exceptions to the duty to refer
Read the full outcome
Detail of outcome
25 April 2024: The guidance Mergers: Exception to the duty to refer in markets of insufficient importance (CMA64) has been updated. In particular, the CMA has updated its approach to the markets of insufficient importance (the ‘de minimis’ exception).
Feedback received
Original consultation
Consultation description
The CMA is consulting on new draft guidance on exceptions to its duty to refer mergers raising competition concerns for an in-depth phase 2 investigation. The revised draft updates Chapter 2 (markets of insufficient importance) setting out the CMA’s approach to the ‘de minimis’ exception, with no changes made to the other chapters.
We encourage any interested parties to respond to the consultation in writing by no later than 5pm on 8 January 2024, by emailing deminimis.guidance@cma.gov.uk. You can also contact us with any queries using this email address.
For more information, visit the Mergers exceptions to the duty to refer and undertakings in lieu guidance page
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Documents
Updates to this page
Published 20 November 2023Last updated 25 April 2024 + show all updates
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Consultation outcome published
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First published.