United Kingdom: Consultation closed regarding Facebook's proposed acquisition of Kustomer as part of the CMA's investigation

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Description

Consultation closed regarding Facebook's proposed acquisition of Kustomer as part of the CMA's investigation

On 9 August 2021, the Competition and Markets Authority (CMA) closed its consultation on Facebook's proposed acquisition of Kustomer. This follows the CMA opening the investigation on 30 July 2021 which included a consultation on the transaction. The CMA has to reach a decision on whether to open up an in-depth investigation or not by 27 September 2021. That decision will depend on if the transaction is deemed to have detrimental effects on competition in any UK market.

Original source

Scope

Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
platform intermediary: user-generated content
Implementation Level
national
Government Branch
executive
Government Body
competition authority

Complete timeline of this policy change

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2021-07-30
in consultation

On 30 July 2021, the Competition and Markets Authority (CMA) opened an investigation into Facebook'…

2021-08-09
processing consultation

On 9 August 2021, the Competition and Markets Authority (CMA) closed its consultation on Facebook's…

2021-09-27
concluded

On 27 September 2021 the Competition and Markets Authority (CMA) closed its investigation into Face…