Visa International Service Association / Earthport plc merger inquiry

The CMA investigated the anticipated acquisition by Visa International Service Association of Earthport plc.

From:
Competition and Markets Authority
Published
4 April 2019
Last updated
10 May 2019 — See all updates
Case type:
Mergers
Case state:
Closed
Market sector:
Financial services
Outcome:
Mergers - phase 1 found not to qualify
Opened:
4 April 2019
Closed:
10 May 2019

Statutory timetable

Phase 1 date Action
10 May 2019 Decision published
04 April 2019 to 18 April 2019 Invitation to comment
03 April 2019 Launch of merger inquiry

Phase 1

FNTQ decision announced

8 May 2019: The CMA has decided that the anticipated acquisition by Visa International Service Association of Earthport plc does not qualify for investigation under the merger provisions of the Enterprise Act 2002.

Invitation to comment: Now closed

04 April 2019: The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction, if carried into effect, 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

03 April 2019: The CMA announced the launch of its merger inquiry by notice to the parties.

Contact

Please send written representations about any competition issues to:

mergersupportteam@cma.gov.uk

Published 4 April 2019
Last updated 10 May 2019 + show all updates

  1. Full text of found not to qualify decision published.

  2. Found not to qualify decision announced.

  3. First published.