United Kingdom: Consultation closes on the CMA provisional approval of NortonLifeLock / Avast merger (Phase II)
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Description
Consultation closes on the CMA provisional approval of NortonLifeLock / Avast merger (Phase II)
On 24 August 2022, the public consultation on the Competition and Markets Authority (CMA) provisional approval of the proposed acquisition of Avast by NortonLifeLock closes. Avast and NortonLifeLock provide cybersecurity software, including antivirus, virtual private networks and identity protection. In its notice issued on 3 August 2022, the CMA provisionally approved the acquisition noting that the anticipated acquisition may not result in a substantial lessening of competition due to horizontal unilateral effects in the supply of consumer cyber safety solutions in the United Kingdom. The CMA will issue its final decision regarding the acquisition until 8 September 2022.
Original sourceScope
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
software provider: other software
Implementation Level
national
Government Branch
executive
Government Body
competition authority
Complete timeline of this policy change
Hide details
2022-01-19
under deliberation
2022-02-02
processing consultation
2022-03-16
under investigation
2022-03-25
under deliberation
2022-08-03
under investigation
2022-08-24
processing consultation