Iron Mountain / Recall merger inquiry

The CMA investigated the anticipated acquisition by Iron Mountain Incorporated of Recall Holdings Limited.

Administrative timetable

Date of referral: 14.1.16

Statutory deadline: 29.6.16

Full administrative timetable

Phase 2

Contact

iron.recall@cma.gsi.gov.uk

Remedy group appointed

9 September 2016: The remedy group has been appointed following the CMA’s acceptance of final undertakings from Iron Mountain.

Anne Lambert (Chair), Robin Aaronson, Lesley Ainsworth and Graham Sharp.

Final undertakings

7 September 2016: The CMA has accepted final undertakings from Iron Mountain to remedy the substantial lessening of competition identified in the final report.

Notice of proposal to accept final undertakings

10 August 2016: The CMA gives notice of the proposal to accept final undertakings and is inviting comments by 25 August 2016.

Undertakings

Final report

Responses to provisional findings

Responses to notice of possible remedies

Provisional findings

4 May 2016: The CMA has provisionally found that Iron Mountain’s anticipated acquisition of Recall could lead to a substantial lessening of competition.

Evidence

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.

Hearing summaries

As part of its evidence-gathering process, the CMA is holding hearings with a range of industry customers and interested parties.

Initial submissions

The CMA’s merger inquiry is independent and welcomes submissions from all interested parties.

Issues statement

3 February 2016: The issues statement sets out the scope of the investigation. It outlines initial theories on what might be adversely affecting competition, but it does not set out findings or conclusions.

Inquiry group appointed

1 February 2016: The CMA has appointed the inquiry group: Anne Lambert (Chair), Robin Aaronson, Lesley Ainsworth and Graham Sharp.

Terms of reference

14 January 2016: The CMA has referred the anticipated acquisition by Iron Mountain Incorporated of Recall Holdings Limited.

Phase 1

Phase 1 date Action
5 February 2016 Decision published
30 December 2015 Decision announced
2 November to 13 November 2015 Invitation to comment
2 November 2015 Launch of merger inquiry

Reference decision

Reference unless undertakings accepted

Launch of merger inquiry

2 November 2015: The CMA announced the launch of its merger inquiry by notice to the parties.

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