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.
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.
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.
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.