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Phase 2

Administrative timetable

Referral date: 17 April 2024

Statutory deadline: 4 December 2024

• Administrative timetable (PDF, 121KB) (9.10.24)

Contact

Email: SpreadEx.SportingIndex@cma.gov.uk

Notice of extension of statutory period to accept final undertakings

13 February 2025: The CMA has extended the statutory period to accept final undertakings. The extended period will therefore end on 28 March 2025.

• Notice of extension (PDF, 117KB) (13.2.25)

Notice of proposal to accept final undertakings

16 January 2025: The CMA gives notice of the proposal to accept final undertakings and is inviting comments on the proposed draft undertakings by 5pm on 31 January 2025.

• Notice of proposal to accept undertakings (PDF, 128KB) (16.1.25)
• Draft final undertakings (PDF, 397KB) (16.1.25)

Final report

22 November 2024: The CMA has published its final report.

• Final report (PDF, 1.7MB) (22.11.24)
• Appendices and glossary (PDF, 441KB) (22.11.24)
• Summary of final report (PDF, 159KB) (22.11.24)
• Press release: Spreadex required to sell Sporting Index (22.11.24)

Notice of extension of statutory period

• Termination of extension (PDF, 84KB) (9.10.24)
• Notice of extension (PDF, 129KB) (30.9.24)

Responses to the provisional findings

• Spreadex / Sporting Index response to the provisional findings (PDF, 341KB) (16.9.24)
• Annex 1 to Spreadex / Sporting Index response (PDF, 120KB) (16.9.24)

Responses to the notice of possible remedies

• Spreadex / Sporting Index response to the remedies notice (PDF, 199KB) (5.9.24)
• Spreadex / Sporting Index annex 1 to the response to the remedies notice (PDF, 264KB)(5.9.24)
• Star Sports (PDF, 190KB) (5.9.24)
• 10star (PDF, 163KB) (5.9.24)

Notice of extension of statutory period

• Notice of extension (PDF, 113KB) (25.7.24)

Provisional findings

25 July 2024: The CMA has provisionally found competition concerns as part of its in-depth investigation of the completed acquisition by Spreadex Limited of the B2C business of Sporting Index Limited.

The deadline for submitting responses to the notice of possible remedies is 8 August 2024. The deadline for submitting responses to the provisional findings is 15 August 2024.

• Notice of provisional findings (PDF, 138KB) (25.7.24)
• Provisional findings (PDF, 1057KB) (25.7.24)
• Appendices and glossary (PDF, 194KB) (25.7.24)
• Summary of provisional findings (PDF, 154KB) (25.7.24)
• Notice of possible remedies (PDF, 232KB) (25.7.24)
• Press notice: Spreadex and Sporting Index merger raises provisional competition concerns (25.7.24)

Directions to appoint a monitoring trustee

11 July 2024: On 29 April 2024, pursuant to an initial enforcement order dated 15 January 2024, the CMA directed Spreadex.Com Limited and Spreadex Limited to appoint a monitoring trustee.

• Directions to appoint a monitoring trustee (PDF, 129KB) (11.7.24)

Issues statement

16 May 2024: The issues statement sets out the scope of the inquiry. It outlines initial theories on what might be adversely affecting competition, but it does not set out findings or conclusions. The deadline for submissions on the issues statement is 5pm, 29 May 2024.

• Issues statement (PDF, 213 KB) (16.5.24)

Inquiry group appointed

17 April 2024: The CMA has appointed the inquiry group:

• Richard Feasey (Chair)
• Maria Da Cunha
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