Avis Budget Group

OFT closed case: Anticipated acquisition by Avis Budget Group, Inc. of Zipcar, Inc.

• From: Competition and Markets Authority
• Published: 8 March 2013

• Case type: Mergers
• Case state: Closed
• Market sector: Transport
• Outcome: Mergers - phase 1 found not to qualify
• Closed: 8 March 2013

Affected market: Car sharing clubs

No. ME/5918/13

On the basis of the information available to it, the Office of Fair Trading has decided that the anticipated acquisition by Avis Budget Group, Inc. of Zipcar, Inc. does not qualify for investigation under the mergers provisions of the Enterprise Act 2002 (the Act), because neither the UK turnover test nor the share of supply test in section 23 of the Act is met.  A relevant merger situation has, therefore, not been created.

Published 8 March 2013