The UK competition authority issues first order reversing pre-closing integration (Smartbox / Tobii)

The UK Competition & Markets Authority ("CMA") issued its first order requiring parties to a completed merger to reverse pre-closing integration that the CMA believes prejudiced its ability to assess the deal's impact on competition in the UK. This case is a reminder that parties who integrate or close a transaction prior to UK merger clearance risk an unwinding order in

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Authors

  • Jones Day (London)
  • Jones Day (London)

Quotation

Matt Evans, Victoria Yuan, The UK competition authority issues first order reversing pre-closing integration (Smartbox / Tobii), 28 February 2019, e-Competitions Bulletin February 2019, Art. N° 89743

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