Richemont / Yoox / Net-A-Porter merger inquiry
The CMA investigated the anticipated acquisition relating to Compagnie Financière Richemont S.A., Yoox S.p.A and The Net-A-Porter Group Limited.
|Phase 1 date||Action|
|1 October 2015||Decision published|
|2 September 2015||Decision announced|
|10 to 24 July 2015||Invitation to comment|
|10 July 2015||Launch of merger inquiry|
CMA clearance decision
2 September 2015: The CMA has cleared the acquisition relating to Compagnie Financière Richemont S.A., Yoox S.p.A and The Net-A-Porter Group Limited. The full text of the decision is available below.
- Full text decision (1.10.15)
Invitation to comment: Now closed
10 July 2015: 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.
Launch of CMA merger inquiry
10 July 2015: The CMA announced the launch of its merger inquiry by notice to the parties.
- Commencement of initial period notice (10.7.15)
Please send written representations about any competition issues to:
Suzanne Van Scheijen
Competition and Markets Authority
Published: 10 July 2015
Updated: 1 October 2015
Opened: 10 July 2015
Closed: 1 October 2015
- Full text of the decision published.
- First published.