SCHEDULE 7 Mergers: Interim Measures
Enterprise and Regulatory Reform Act 2013 (2013 c 24) | Legislation

SCHEDULE 7 Mergers: Interim Measures

Section 30(10)

Interim measures following references under section 22 or 33

1

Part 3 of the 2002 Act (mergers) is amended as follows.

2

(1)     Section 80 (interim undertakings) is amended as follows.

(2)     In subsection (1), for “Subsections (2) and (3)†substitute “Subsections (2) and (2A)â€.

(3)     After subsection (2) insert—

“(2A)     Where the CMA has reasonable grounds for suspecting that pre-emptive action has or may have been taken, it may, for the purpose of restoring the position to what it would have been had the action not been taken or otherwise for the purpose of mitigating its effects, accept from such of the parties concerned as it considers appropriate undertakings to take such action as it considers appropriate.â€

(4)     After subsection (2A) insert—

“(2B)     A person may, with the consent of the CMA, take action or action of a particular description where the action would otherwise constitute a contravention of an undertaking under this section.â€

(5)     Omit subsections (3) and (4).

(6)     In subsection (5), for “Any other undertaking†substitute “An undertakingâ€.

(7)     Omit subsection (6).

3

(1)     Section 81 (interim

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