Consultation outcome

Draft updated mergers guidance documents

• From: Competition and Markets Authority
• Published: 1 August 2024
• Last updated: 20 December 2024
  Show all updates

  1. 20 December 2024

     Outcome, summary of responses, public responses and final guidance published.

  2. 1 August 2024

     First published.

This consultation has concluded

Read the full outcome

Summary of responses

PDF, 301 KB, 35 pages

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Detail of outcome

The Competition and Markets Authority (CMA) has reviewed the consultation responses, and published its summary of responses and the final versions of the updated guidance documents:

• Mergers: guidance on the CMA’s jurisdiction and procedure (CMA2)
• Quick guide to UK merger assessment (CMA18)
• Mergers exceptions to the duty to refer and undertakings in lieu (CMA64)
• Interim measures in merger investigations (CMA108)
• Rules of procedure for merger, market and special reference groups (CMA17)
• Energy network mergers guidance (CMA190)

The final updated mergers guidance will take effect from 1 January 2025 and will apply to merger cases subject to the transitional provisions in the Digital Markets, Competition and Consumers Act 2024 (Commencement No.1 and Savings and Transitional Provisions) Regulations 2024 (SI 2024/1226)

Feedback received

ACT - The App Association

PDF, 136 KB, 4 pages

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Ashurst LLP

PDF, 216 KB, 6 pages

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A&O Shearman

PDF, 201 KB, 5 pages

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Clifford Chance LLP

PDF, 200 KB, 6 pages

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City of London Law Society Competition Law Committee

PDF, 134 KB, 5 pages

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Freshfields Bruckhaus Deringer LLP

PDF, 355 KB, 13 pages

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Herbert Smith Freehills LLP

PDF, 180 KB, 7 pages

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Linklaters LLP

PDF, 170 KB, 5 pages

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Original consultation

Summary

The CMA is consulting on a package of 6 draft updated mergers guidance documents.

This consultation ran from
9am on 1 August 2024 to 5pm on 12 September 2024

Consultation description

Six draft guidance documents have been updated to reflect current practice, and the jurisdictional and procedural changes introduced by the Digital Markets Competition and Consumer Act on the mergers regime.

Documents

Consultation document

PDF, 270 KB, 11 pages

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CMA2 (tracked changes)

PDF, 1.61 MB, 180 pages

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CMA2 (clean)

PDF, 1.35 MB, 179 pages

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CMA17 (tracked changes)

PDF, 339 KB, 19 pages

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CMA17 (clean)

PDF, 319 KB, 19 pages

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CMA18 (tracked changes)

PDF, 486 KB, 20 pages

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CMA18 (clean)

PDF, 443 KB, 20 pages

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CMA64 (tracked changes)

PDF, 311 KB, 17 pages

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CMA64 (clean)

PDF, 295 KB, 17 pages

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CMA108 (tracked changes)

PDF, 680 KB, 59 pages

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CMA 108 (clean)

PDF, 559 KB, 56 pages

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CMA190 (tracked changes)

PDF, 448 KB, 36 pages

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CMA190 (clean)

PDF, 405 KB, 36 pages

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