Competition Markets Authority
Statutory timetable
| Date | Action |
| 19 July 2024 | Decision announced |
| 31 May to 14 June 2024 | Invitation to comment |
| 31 May 2024 | Launch of merger inquiry |
Phase 1
Clearance decision
19 July 2024: The CMA has cleared the anticipated acquisition by Nationwide Building Society of Virgin Money UK PLC. Full text to be published at a later date.
- (19.7.24)
Launch of merger inquiry
31 May 2024: The CMA announced the launch of its merger inquiry by notice to the parties.
- (31.5.24)
Invitation to comment: closed
31 May 2024: 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.
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 issues to Nationwide.VirginMoney@cma.gov.uk
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.