Competition Markets Authority
Date of referral: 2.9.19
Statutory deadline: 12.4.20
- (updated 19.12.19)
Notice of extension of statutory period
Responses to the Issues statement
Revocation of initial enforcement order
13 November 2019: In view of the statutory restrictions under section 78 of the Enterprise Act 2002, the CMA has revoked the initial enforcement order.
17 October 2019: The issues statement sets out the scope of the investigation. It outlines initial theories on what might be adversely affecting competition, but it does not set out findings or conclusions.
Inquiry group appointed
2 September 2019: The CMA has appointed the inquiry group.
Disclosure of interests
Terms of reference
2 September 2019: The CMA has referred the anticipated acquisition by Sabre Holdings Corporation of Farelogix Inc. for an in-depth investigation.
|16 August 2019||Decision announced|
|12 August 2019||Initial enforcement order|
|21 June 2019 to 5 July 2019||Invitation to comment|
|21 June 2019||Launch of merger inquiry|
11 October 2019: The CMA has published a notice (dated 27 September 2019) of a penalty notice imposed on Sabre Corporation under section 110 of the Enterprise Act 2002. The CMA imposed the penalty for a failure to comply, without reasonable excuse, with the requirements imposed on Sabre Corporation by a notice issued by the CMA under section 109 of the Enterprise Act 2002.
2 September 2019: The CMA has referred the anticipated acquisition by Sabre Holdings Corporation of Farelogix Inc. for an in depth investigation.
Reference unless undertakings accepted
16 August 2019: The CMA has decided, on the information currently available to it, that it is or may be the case that this merger may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom. This merger will be referred for a phase 2 investigation unless the parties offer acceptable undertakings to address these competition concerns.
- News story: Sabres takeover of Farelogix raises competition concerns (16.8.19)
Initial enforcement order
On 12 August 2019, the CMA served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on Sabre Corporation, Sabre GLBL Inc, Sabre Global Technologies Limited, Sabre UK Marketing Limited, and Sabre EMEA Marketing Limited in relation to the anticipated acquisition by Sabre Corporation. of Farelogix Inc.
Invitation to comment: closes 5 July 2019
21 June 2019: 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.
These comments should be provided by the deadline set out above.
Launch of merger inquiry
21 June 2019: The CMA announced the launch of its merger inquiry by notice to the parties.