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SpreadEx / Sporting Index merger inquiry

Competition Markets Authority

February 6
12:00 2024

Statutory timetable

Date Action
4 April 2024 Deadline for phase 1 decision (*)
6 February 2024 to 20 February 2024 Invitation to comment
6 February 2024 Launch of merger inquiry
15 January 2024 Initial enforcement order

(*) 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

6 February 2024: The CMA announced the launch of its merger inquiry by notice to the parties.

Invitation to comment: closes 20 February 2024

6 February 2024: 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.

Written representations about any competition issues should be provided by the deadline set out above.

Initial enforcement order

15 January 2024: The Competition and Markets Authority has served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on Spreadex.Com Limited and Spreadex Limited.

Amendments / consents granted

Contact

Please send written representations about any competition or public interest issues to:

spreadex.sportingindex@cma.gov.uk

Your name and contact details are your personal data. In collecting, receiving, storing, accessing and using your personal data, the CMA, as controller, is processing your personal data. The CMA processes personal data in accordance with data protection law. The CMA is processing your personal data so that it can contact you again, should it need further help or information from you, in order to carry out its merger work under Part 3 of the Enterprise Act 2002. For more information about how the CMA processes personal data and your rights relating to that data, read our Privacy Notice.

Published 16 January 2024
Last updated 6 February 2024 +show all updates
  1. Merger inquiry launched.

  2. Derogation variation published.

  3. Derogation published

  4. First published.

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