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Farfetch / YOOX Net-A-Porter Group / Richemont

Competition Markets Authority

February 8
09:08 2023

Statutory timetable

Phase 1 Action
5 April 2023 Deadline for phase 1 decision (*)
8 February 2023 Launch of merger investigation
31 January 2023 to 14 February 2023 Invitation to comment

(*) This date is the current statutory deadline by when the decision will be announced. If any change occurs, the information is refreshed as soon as practicable. However, the CMA cannot guarantee that the decision will be announced on or before this current deadline, as the deadline of a given case may change during the merger assessment process due to different reasons

Phase 1

Launch of merger inquiry

8 February 2023: The CMA announced the launch of its merger inquiry by notice to the parties.??

Invitation to comment: Closes 14 February 2023

31 January 2023: The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction, if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.

To assist it with this assessment, the CMA invites comments on the transaction from any interested party.

Contact

Please send written representations about any competition issues to:

Carolina Ricciardi carolina.ricciardi@cma.gov.uk

Anushka Singh anushka.singh@cma.gov.uk

Published 31 January 2023
Last updated 8 February 2023 +show all updates
  1. Launch of merger, with commencement notice, published.

  2. First published.

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