Competition Markets Authority
Statutory timetable
| Phase 1 | Action |
|---|---|
| 31 May 2023 | Case closed |
| 31 May 2023 | Phase 1 decision published |
| 29 March 2023 | Phase 1 decision announced |
| 8 February 2023 | Launch of merger investigation |
| 31 January 2023 to 14 February 2023 | Invitation to comment |
Phase 1
CMA clearance decision
29 March 2023: The CMA cleared the anticipated acquisition by Farfetch Limited of a shareholding in, and certain governance rights over, YOOX Net-a-Porter Group S.p.A. from Compagnie Financire Richemont S.A., in consideration for the acquisition by Compagnie Financire Richemont S.A. of a minority shareholding in Farfetch Limited.
- (31.5.23)
Launch of merger inquiry
8 February 2023: The CMA announced the launch of its merger inquiry by notice to the parties.??
- (8.2.23)
Invitation to comment: Closed
31 January 2023: The CMA was 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.
To assist it with this assessment, the CMA invited comments on the transaction from any interested party.
Contact
Please send written representations about any competition issues to:
Carolina Ricciardi carolina.ricciardi@cma.gov.uk
Anushka Singh anushka.singh@cma.gov.uk