GovWire

Synopsys / Ansys merger inquiry

Competition Markets Authority

December 20
11:07 2024

class="gem-c-govspeak govuk-govspeak govuk-!-margin-bottom-0">

Statutory timetable

Phase 1 Action
20 December 2024 Phase 1 decision announced
25 October 2024 Launch of merger inquiry
12 August 2024 to 8 November 2024 Invitation to comment

Phase 1

Reference unless undertakings accepted

20 December 2024: The CMA has decided, on the evidence currently available to it, that it is or may be the case that this merger 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 an in-depth, phase 2 investigation unless the parties offer an acceptable undertaking to address these competition concerns.

The full text of the decision will be published in due course.

Launch of merger inquiry

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

Invitation to comment: closed

12 August 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.

The CMA is issuing this invitation to comment to allow interested parties to submit to the CMA any initial views on the impact that the transaction could have on competition in the UK. The CMA has not yet launched its formal investigation into this transaction.

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

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 12 August 2024
Last updated 20 December 2024 +show all updates
  1. Summary of phase 1 decision published.

  2. Commencement notice published.

  3. First published.

Share This


Enjoyed this? Why not share it with others if you've found it useful by using one of the tools below: