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.
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