The CMA investigated the anticipated acquisition by Vision Express (UK) Limited of Tesco Opticians.
|Phase 1 date||Action|
|15 November 2017||Undertakings in lieu of reference accepted|
|20 October 2017||Decision published|
|28 September 2017||Decision announced|
|2 August to 16 August 2017||Invitation to comment|
|2 August 2017||Launch of merger inquiry|
Undertakings in lieu of reference accepted
15 November 2017: The CMA has accepted undertakings in lieu of reference for the anticipated acquisition by Vision Express (UK) Limited of Tesco Opticians. A copy of the undertakings and the decision are available below.
Undertakings in lieu of reference consultation: now closed
20 October 2017: We are consulting on proposed undertakings in lieu of a reference for the anticipated acquisition by Vision Express (UK) Limited of Tesco Opticians.
CMA to consider undertakings offered
11 October 2017: The CMA considers that there are reasonable grounds for believing that the undertakings offered by Vision Express, or a modified version of them, might be accepted by the CMA under the Enterprise Act 2002. The full text of the decision is available below.
- Decision that undertakings might be accepted (20.10.17)
Reference unless undertakings accepted
28 September 2017: The CMA has decided, on the information currently available to it, that it is or may be the case that this merger may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom. This merger will be referred for a phase 2 investigation unless the parties offer acceptable undertakings to address these competition concerns. The full text of the decision is available below.
- Full text decision (20.10.17)
- Press release: Opticians merger could lead to worse deal for some customers (28.9.17)
Invitation to comment: closes 16 August 2017
2 August 2017: 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
2 August 2017: The CMA announced the launch of its merger inquiry by notice to the parties.
Please send written representations about any competition issues to:
Published: 2 August 2017
Updated: 17 November 2017
Opened: 2 August 2017
Closed: 17 November 2017
- Undertakings in lieu acceptance decision published.
- Undertakings in lieu of reference accepted.
- Full text decision and decision that undertakings might be accepted published and consultation launched.
- CMA to consider undertakings update added.
- Decision announced: Reference unless undertakings accepted.
- First published.
Case type: Mergers
Case state: Closed
Market sector: Retail and wholesale