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REG - Competition and Mkts - Merger Update: LKQ/Uni-Select

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RNS Number : 8282C  Competition and Markets Authority  15 June 2023

Announcement of Starting the Clock

 

START OF CMA MERGER INVESTIGATION: ANTICIPATED ACQUISITION OF UNI-SELECT INC.
BY LKQ CORPORATION

 

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 announced the launch of its merger inquiry by notice to the Parties on
15 June 2023 and has a deadline of 10 August 2023 for its phase 1 decision.

 

Invitation to comment: closes 22 June 2023

 

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

 

LKQ Corporation is active in the UK through Euro Car Parts. Uni-Select Inc. is
active in the UK through GSF Car Parts.

 

These comments should be provided by the deadline set out above to:

 

Luc Rosenberg

luc.rosenberg@cma.gov.uk (mailto:luc.rosenberg@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
(https://www.gov.uk/government/organisations/competition-and-markets-authority/about/personal-information-charter)
.

 

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