Date of referral: 22.5.17
Statutory deadline: 5.11.17
Case closure summary
4 September 2018: Euro Car Parts Limited (ECP) has completed its sale of Andrew Page depots in nine local areas to Hilco Capital, a purchaser approved by the CMA. This brings the merger investigation to a close.
Remedy group appointed
1 April 2018: Following the expiry of the term of appointment of Lesley Ainsworth, Susan Hankey was appointed the chair.
17 January 2018: On the 16 January 2018, the CMA appointed the following panel group members to the Euro Car Parts remedy group.
Lesley Ainsworth (Chair), Susan Hankey, Ulrike Hotopp and Keith Richards.
12 January 2018: The CMA has accepted undertakings from Euro Car Parts and Andrew Page to remedy the substantial lessening of competition identified in the final report.
Notice of proposal to accept final undertakings
8 December 2017: The CMA gives notice of the proposal to accept final undertakings and is inviting comments by 5pm on 2 January 2018.
14 September 2017: The CMA has provisionally found that the purchase by Euro Car Parts of much of the Andrew Page business could damage competition in 10 local areas.
The publication of the evidence of any party on the CMA’s webpages does not indicate in any way endorsement by the CMA of the views expressed in the evidence or acceptance of that evidence. Publication in this way is designed to assist public understanding of the issues.
List of calls with third parties
Response hearing summaries
Responses to provisional findings and notice of possible remedies
Response to issues statement
Response to the phase 1 decision
Customer research survey: CMA-commissioned research
Directions to appoint a monitoring trustee
30 June 2017: On 22 June 2017, pursuant to an initial enforcement order dated 12 October 2016, the CMA directed Euro Car Parts Limited to appoint a monitoring trustee.
Directions in relation to property licences
30 June 2017: On 22 June 2017, pursuant to an initial enforcement order dated 12 October 2016, the CMA directed Euro Car Parts Limited to use best endeavours to obtain an extension of each licence to occupy property from which Andrew Page 1917 Limited operates.
15 June 2017: The issues statement sets out the scope of the inquiry. It outlines initial theories on what might be adversely affecting competition, but it does not set out findings or conclusions.
5 January 2018: Following the expiry of the term of appointment of Professor Alasdair Smith, Lesley Ainsworth was appointed the chair. On 3 January 2018, Ulrike Hotopp was appointed to the inquiry group.
26 May 2017: The CMA appointed the inquiry group on 22 May 2017.
Professor Alasdair Smith (Inquiry Chair), Lesley Ainsworth and Rosalind Hedley-Miller.
Terms of reference
22 May 2017: The CMA has referred Euro Car Parts’ merger with Andrew Page for an in-depth investigation.
|Phase 1 date
|15 June 2017
|10 May 2017
|10 to 24 March 2017
||Invitation to comment
|10 March 2017
||Launch of merger inquiry
|12 October 2016
||Initial enforcement order
Reference unless undertakings accepted
10 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.
10 March 2017: The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction 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
10 March 2017: The CMA announced the launch of its merger inquiry by notice to the parties.
Initial enforcement order
On 12 October 2016, the CMA served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on ECP Newco Limited, Euro Car Parts Limited, LKQ Euro Limited and LKQ Corporation, in relation to the completed acquisition by Euro Car Parts Limited of assets of the Andrew Page business.
Please send written representations about any competition or public interest to:
Competition and Markets Authority