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CAT clarifies ‘substantial’ in the SLC merger test and confirms divestments

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Published on: 13 December 2013

Published by a LexisNexis Competition expert

Table of contents

Original news
What does ‘substantial’ mean under the Enterprise Act 2002 and does this judgment add anything to the definition?
What did the CC decide on remedies and what was the basis of the challenge?
What are the CAT’s views on remedies and what are the challenges merging parties face if appealing a decision on remedies?
What will the impact be of the CC’s decision on local media mergers going forward?

Article summary

Competition analysis: What does the term ‘substantial’ mean in relation to the substantial lessening of competition (SLC) test? Chris Watson of CMS Cameron-McKenna, and Paul Stone of Charles Russell, comment on a ruling of the Competition Appeal Tribunal (CAT) in relation to a merger investigation.

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