UK Reforms Phase 2 Merger Review Process
JD Supra: Mergers
MAY 2, 2024
On 25 April 2024, the UK Competition and Markets Authority (CMA) announced reforms to its in-depth merger control review process (the Phase 2 review). The CMA will have the discretion not to refer for in-depth review markets with a UK value of less than £30 million. The updates include: - An expanded de minimis exception.
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