OFT closed case: Completed acquisition by Go North East of Northumbria Coaches
Affected market: Bus transport
Go North East informed the OFT of the transaction on 30 October 2007. The transaction was completed on 19 September 2007. The (extended) statutory deadline is 18 January 2008.
On the basis of the information available to it, the Office of Fair Trading has decided that the completed acquisition of Northumbria Coaches by Go North East 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.