BAE Systems undertakings review

The CMA is reviewing the undertakings given by BAE Systems plc following its merger with Marconi Electronic Systems in 1999.

Administrative timetable

Date Action
Spring 2017 Publish final decision
Winter 2016/17 Publish provisional decision
Autumn 2016 Hearings with interested parties
Summer 2016 Consideration of initial evidence gathering and main party submissions
29 July 2016 Review launched and initial request for evidence

Contact

baesreview@cma.gsi.gov.uk

Review group appointed

4 August 2016: The CMA has appointed the group for the review of the undertakings.

John Wotton (Inquiry Chair), Ros Hedley-Miller, and Jayne Scott.

Decision to undertake review

29 July 2016: The Competition and Markets Authority (CMA) has decided to carry out a review of the undertakings given by British Aerospace plc, now BAE Systems plc (BAES) arising from its acquisition of the Marconi Electronic Systems business of General Electric Company plc on 29 November 1999.

The undertakings included measures to safeguard competition and to address national security concerns arising in the defence sector. The undertakings date back to 1999 and the CMA will review if they remain fit for purpose and examine whether there has been a change in circumstances. The CMA will recommend to the Secretary of State at the Department for Business, Energy and Industrial Strategy (BEIS) whether the 2 undertakings in place should be retained, varied or released.

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