United Kingdom: CMA approves NortonLifeLock/Avast merger and issues final report
Description
CMA approves NortonLifeLock/Avast merger and issues final report
On 2 September 2022, the Competition and Markets Authority (CMA) published its final findings regarding the proposed acquisition of Avast by NortonLifeLock. The companies Avast and NortonLifeLock provide cybersecurity software, including antivirus, virtual private networks and identity protection. In its report, the CMA approved the acquisition noting that the anticipated acquisition may not result in a substantial lessening of competition due to the increasing number of applications offering cyber safety solutions in the United Kingdom. The final report was issued following a public consultation on the CMA's provisional approval of the acquisition.
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
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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