17 June 2015: The CMA has accepted undertakings in lieu of reference under the Enterprise Act 2002 for the acquisition by Inter City Railways Limited of the InterCity East Coast rail franchise. A copy of the undertakings and the decision are available below.
20 February 2015: The CMA considers that there are reasonable grounds for believing that the undertakings offered by Stagecoach, or a modified version of them, might be accepted by the CMA to remedy the substantial lessening of competition identified by the CMA. A copy of the notice is available below.
Opportunity to offer undertakings to avoid reference
6 February 2015: The CMA has decided, on the information currently available to it, that it is or may be the case that this merger has resulted or may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom. Inter City Railways Limited now has an opportunity to offer acceptable undertakings to address these competition concerns to avoid a reference for a phase 2 investigation. The full text of the decision is available below.
10 December 2014: The CMA is considering whether it is or may be the case that this transaction has resulted 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 has resulted, or may be expected to result, in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.
Please send written representations about any competition issues to:
Competition and Markets Authority