Ladbrokes and Coral supply betting and gaming products in their extensive network of stores, as well as online, by telephone and at certain racecourses. Ladbrokes and Coral also operate 2 greyhound tracks each in the UK.
The independent inquiry group of Competition and Markets Authority (CMA) panel members must decide whether the merger may be expected to result in a substantial lessening of competition within any market or markets in the UK. The deadline for the inquiry group to report is 24 June 2016.
The issues statement identifies the key questions that the inquiry is examining and also sets out areas the CMA panel members do not currently propose to investigate in more detail. The CMA welcomes submissions by interested third parties on the questions set out in the issues statement as well as any other potential issues relating to the potential competitive impact of the merger on competition. The issues statement does not imply that the inquiry group has, at this stage, identified any competition concerns. It is available on the case page along with all other published information relating to the inquiry.
Anyone wishing to respond to the issues statement should do so in writing, by no later than 5pm on 18 February 2016. Please email email@example.com or write to:
Ladbrokes/Coral merger inquiry
Competition and Markets Authority
Notes for editors
The CMA is the UK’s primary competition and consumer authority. It is an independent non-ministerial government department with responsibility for carrying out investigations into mergers, markets and the regulated industries and enforcing competition and consumer law.
All the CMA’s functions in phase 2 merger inquiries are performed by independent inquiry groups chosen from the CMA’s panel members. The appointed inquiry group are the decision-makers on phase 2 inquiries.
The CMA’s panel members come from a variety of backgrounds, including economics, law, accountancy and/or business; the membership of an inquiry group usually reflects a mix of expertise and experience (including industry experience).
The deadline for the publication of the CMA’s report – 24 June 2016 – may be extended by no more than 8 weeks if the CMA considers that there are special reasons why the report cannot be published by that date.