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Global Business Travel Group, Inc / CWT Holdings, LLC merger inquiry

Competition Markets Authority

July 30
12:04 2024

Statutory timetable

Phase 1 Action
30 July 2024 Decision announced
4 June 2024 Launch of merger inquiry
4 June 2024 to 18 June 2024 Invitation to comment

Phase 1

Reference unless undertakings accepted

30 July 2024: The CMA has decided, on the information currently available to it, that it is or may be the case that this merger has resulted or 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.

Launch of merger inquiry

4 June 2024: The CMA announced the launch of its merger inquiry by notice to the parties.

Invitation to comment: closes 18 June 2024

4 June 2024: The 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.

To assist it with this assessment, the CMA invites comments on the transaction from any interested party.

Written representations about any competition issues should be provided by the deadline set out above.

Contact

Please send written representations about any competition or public interest to:

Principal Case Officer, Lucy Watkiss

lucy.watkiss@cma.gov.uk, 020 3738 6075

Case Officer, George Ankers

George.Ankers@cma.gov.uk, 020 8798 1024

Your name and contact details are your personal data. In collecting, receiving, storing, accessing and using your personal data, the CMA, as controller, is processing your personal data. The CMA processes personal data in accordance with data protection law. The CMA is processing your personal data so that it can contact you again, should it need further help or information from you, in order to carry out its merger work under Part 3 of the Enterprise Act 2002. For more information about how the CMA processes personal data and your rights relating to that data, please see our Privacy Notice.

Updates to this page

Published 4 June 2024
Last updated 30 July 2024 +show all updates
  1. Summary of phase 1 decision published.

  2. First published.

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