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The CMA also has consumer protection responsibilities and take on new digital markets regulation responsibilities in late 2024 under the Digital Markets, Competition and Consumers Act 2024. [4] The CMA alongside the European Commission, the United States Department of Justice and the Federal Trade Commission, is a globally important antitrust ...
The CMA conducts both the initial Phase 1 examination of mergers and the more detailed Phase 2 investigation and final determination. Certain CMA decisions can be appealed to the Competition Appeal Tribunal (CAT). [2] UK merger control is governed by the Enterprise Act 2002, as amended by the Enterprise and Regulatory Reform Act 2013 (ERRA).
The act also strengthened the regulatory settlement on mergers and anti-competitive behaviour (parts 3 and 4). In doing so, part 3 of the Act established a new combined Competition and Markets Authority, which took over the functions of the Office of Fair Trading and the Competition Commission. It received Royal Assent on 25 April 2013. It ...
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The 58th annual CMA Awards happen live tonight from Nashville's Bridgestone Arena beginning at 7 p.m. Stay tuned here for all the news and updates as they happen. Cyrus and Lil Nas X won a CMA ...
TKO, the newly formed holding company for UFC and WWE that is controlled by Endeavor, delivered mixed results in its first post-merger earnings report, reflecting the shakeout from the deal that ...
The UK's Competition and Markets Authority (CMA) stated its intent to perform a higher-level review of the acquisition in August 2022. The phase 1 ruling, issued on September 1, 2022, said that the merger "may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom".
A U.S. judge overseeing an auction of shares in the parent of Venezuela-owned Citgo Petroleum on Monday agreed to reopen a data room to allow potential buyers to prepare new bids, a court document ...