By a decision taken on 22 October 2009 the Competition Commission (CC) has changed its provisional findings of August and unconditionally cleared the Stagecoach acquisition of two local bus operators in Eastbourne, Eastbourne Buses Limited (EBL) and Cavendish [1]. The CC was referred the transaction for further investigation by the OFT on the basis of Section 22(1) of the Enterprise Act 2002 [2]. The CC decision To define the relevant market the CC employs the SSNIP test to bus links regarding a given flow. Any two flows with points or origin and destination within 500 metres of one another can be regarded as possible substitutes for the purpose of the test. The CC concludes that in case of a bus fare increase, passengers are unlikely to shift to different modes of transport with the
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The UK Competition Commission authorizes the purchase of two distressed local bus operators (Stagecoach Group of Eastbourne Buses - Cavendish Motor Services)
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