UK phase 2 mergers—closed cases tracker

The following Competition practice note provides comprehensive and up to date legal information covering:

  • UK phase 2 mergers—closed cases tracker
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
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UK phase 2 mergers—closed cases tracker

The table lists all completed Competition and Markets Authority (CMA) phase 2 merger investigations and completed Competition Commission (CC) merger investigations carried out under the Enterprise Act 2002 and completed CC investigations under the Fair Trading Act 1973 dating back to 2000.

For information on ongoing investigations see UK mergers—ongoing cases tracker. For details of completed phase 1 investigations, see UK phase 1 mergers—closed cases tracker. For details of appeals, see UK competition appeals—ongoing cases tracker.


PartiesIndustry sectorIssuesDecision
FNZ (Australia) Bidco Pty Ltd/GBST Holdings Limited (remittal investigation) (completed investigation)

Financial services

Horizontal overlaps in the market for solutions involving software and/or servicing to retail investment platforms

• Merger prohibited—04/06/2021
• Provisional findings (competition concerns) issued—15/04/2021
• Remitted back—21/01/2021

Liberty Global/Telefonica (anticipated joint venture)

Mobile telecommunications

Horizontal overlaps in the provision of wholesale services to other mobile network operators

• Cleared—20/05/2021
• Provisional findings (no competition concerns) issued—14/04/2021
• Issues statement published—21/01/2021
• Referred to phase 2—11/12/2020

Crowdcube Limited/Seedrs Limited (anticipated merger)

Note—request for a fast track reference to phase 2 submitted

Financial services

Overlaps in the supply of crowdfunding platforms to SMEs

• Merger abandoned—25/03/2021
• Provisional findings (competition concerns) issued—23/03/2021
• Issues statement published—04/12/2020
• Referred to phase 2—12/11/2020

JD Sports Fashion/Footasylum (completed acquisition)

Clothing, footwear and fashion

Horizontal overlaps in markets for the retail of sports fashion footwear and clothing

• Remitted back—04/03/2021
• Penalty notice imposed—29/07/2020; £300,000 fine imposed
• Merger prohibited—06/05/2020
• Notice of

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