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XSYS / MGS merger inquiry

Competition Markets Authority

September 23
11:04 2024

Phase 1 Action
TBC Deadline for phase 1 decision (*)
TBC Launch of merger inquiry (**)
23 September 2024 to 7 October 2024 Invitation to comment

(*) This date is the current statutory deadline by when the decision will be announced. If any change occurs, the information is refreshed as soon as practicable. However, the CMA cannot guarantee that the decision will be announced on or before this current deadline, as the deadline of a given case may change during the merger assessment process due to different reasons.

(**) The CMA has decided to investigate this transaction and is inviting comments from any interested party. This case page will be updated when the CMA formally commences its phase 1 investigation.

Invitation to comment: closes 7 October 2024

23 September 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 preliminary 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. This invitation to comment is the first part of the CMAs information-gathering process, in advance of the CMAs formal investigation starting. The CMA may proactively contact companies and organisations that are active in the markets affected by the Merger, or have valuable insights or evidence that could assist the CMAs investigation.

Contact

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 to:

Personal data

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 23 September 2024

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