United Kingdom: Adopted initial enforcement order in CMA investigation into the acquisition of Capita One Limited by MRI Software

Description

Adopted initial enforcement order in CMA investigation into the acquisition of Capita One Limited by MRI Software

On 5 November 2024, the Competition and Markets Authority (CMA) adopted the initial enforcement order on the acquisition of Capita One Limited by MRI Software. The order prohibits the companies from integrating their operations during the ongoing investigation by the CMA into their acquisition. The order mandates that both businesses and their parent entities must maintain independent operations, prevent the sharing of confidential information, and preserve key assets, staff, and customer relationships. The measures aim to prevent any actions that could prejudice the CMA’s review, which assesses the potential for a substantial lessening of competition. The order also requires the companies to provide bi-weekly compliance statements starting from 19 November 2024.

Original source

Scope

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
2024-11-05
under investigation

On 5 November 2024, the Competition and Markets Authority (CMA) adopted the initial enforcement ord…

We use cookies and other technologies to perform analytics on our website. By opting in, you consent to the use by us and our third-party partners of cookies and data gathered from your use of our platform. See our Privacy Policy to learn more about the use of data and your rights.