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Mergers

Guidance and regulation

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  • Guidance for businesses and their advisers on CMA's procedures for operating the merger control regime under the Enterprise Act 2002.

  • Guidelines for businesses and their advisors on the CMA鈥檚 substantive approach to assessing mergers.

  • How the Competition and Markets Authority (CMA) will engage with businesses and their advisors during a merger investigation.

    • Mergers charter

      This charter sets out clear principles and overarching expectations for鈥�

  • Information on procedures, potential consequences of non-notification, new and adopted CMA guidance and who to contact.

  • Quick guide, intended primarily for business, providing a simple overview of the UK merger regime and the CMA鈥檚 approach when reviewing mergers.

  • Guidance for merging parties and legal advisers on the CMA鈥檚 use of Interim Measures and derogations in merger investigations.

  • Guidance on merger remedies in Phase 1 and Phase 2 investigations.

  • How the CMA applies exceptions to the duty to refer in operating the merger control regime.

  • The section 3 statement sets out how the Secretary of State expects to exercise powers under the NSI Act to call-in certain acquisitions for scrutiny.

  • Explains the CMA鈥檚 approach to the variation and termination of merger, monopoly and market final undertakings and orders.

  • Guidance for lawyers and third parties on how the CMA collects information before deciding whether to investigate a merger.

  • The topics in the Market Guidance are based on analysis of the notifications received under the NSI Act and feedback from stakeholders on their experience of the system.

  • Outlines the fees payable for mergers which are investigated by the CMA, and how to pay them.

  • Guidance on requests for internal documents in merger investigations.

  • Guidance on disclosure of information in merger inquiries, market investigations and reviews of undertakings and orders.

  • Commentary on some of the most frequently asked questions from retailers and their advisers in retail mergers.

  • Templates for confidentiality ring and disclosure room undertakings and disclosure room rules used in CMA investigations.

  • Guidance on the CMA鈥檚 procedure and approach to its assessment when reviewing mergers involving water enterprises.

  • Remedies form to be completed by merger parties for proposing remedies during a phase 2 merger inquiry.

  • A template of a confidentiality waiver that allows discussions between the CMA and other competition authorities on multi-jurisdictional merger investigations.