Source - LSE Regulatory
RNS Number : 8002M
Competition and Markets Authority
20 November 2024
 

Reference to a Phase 2 investigation: Boparan /ForFarmers (Burston and Radstock feed mills)

On 6 November 2024, the CMA decided that it was or may be the case that the above Merger may be expected to result in a substantial lessening of competition (SLC) within a market or markets in the United Kingdom.

Pursuant to section 73A(1) of the Act, the Parties had until 13 November 2024 to offer an undertaking to the CMA that might be accepted by the CMA under section 73(2) of the Enterprise Act 2004 (the Act). On 13 November 2024, Boparan offered undertakings to the CMA. Having considered these undertakings, the CMA does not believe that these would achieve as comprehensive a solution as is reasonable and practicable to the SLC identified in its decision of 6 November 2024 and the adverse effects resulting from that SLC. The CMA has therefore decided to refer this Merger for a phase 2 investigation pursuant to sections 33 and 34ZA(2) of the Act.

 

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