REG - Competition and Mkts - Merger Update: ByBox / Pelipod

BTAnnouncement

29/03/2023 08:15

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RNS Number : 5045U  Competition and Markets Authority  29 March 2023

Start of CMA merger investigation: anticipated acquisition by ByBox Holdings
Limited of Pelipod Limited.

 

The Competition and Markets Authority (CMA) has launched its formal
investigation into the anticipated acquisition by ByBox Holdings Limited of
Pelipod Limited.

 

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.

 

The CMA announced the launch of its merger inquiries by notice to the Parties
on 29 March 2023 and has a deadline of 31 May 2023 for its Phase 1 decision.

 

 

 

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