Introduction and background [1] On 4 November 2015, the UK Competition and Markets Authority ("CMA") accepted final undertakings from Reckitt Benckiser Group plc ("RB") and Johnson & Johnson ("J&J") in relation to RB's proposed acquisition from J&J of the K-Y brand of personal lubricant products. This follows the CMA's finding from August 2015 that the acquisition may be expected to result in a substantial lessening of competition ("SLC") in the UK market for the supply of personal lubricants to grocery retailers and national pharmacy chains. RB and J&J are global consumer goods companies operating in more than 60 countries. RB and J&J supply condoms, personal lubricants and intimate enhancement products to consumers worldwide under the Durex and K-Y brands
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The UK Competition Authority orders licensing remedy to meet concerns over horizontal unilateral effects resulting from a merger in the personal lubricants market (Reckitt Benckiser / Johnson & Johnson)
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