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Cochlear / Oticon merger inquiry

Competition Markets Authority

November 17
11:18 2022

Statutory timetable

Phase 1 Action
6 December 2022 (*) Deadline for phase 1 decision
14 November 2022 Initial enforcement order
11 October 2022 to 25 October 2022 Invitation to comment
11 October 2022 Launch of merger inquiry

*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

Initial enforcement order

14 November 2022: The CMA served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on Demant A/S and its Oticon Medical subsidiaries, in relation to the anticipated acquisition by Cochlear Limited of the hearing implants business of Demant A/S, known as Oticon Medical.

Amendments/consents granted:

Launch merger inquiry

11 October 2022: The CMA announced the launch of its merger inquiry by notice to the parties.

Invitation to comment: Now closed

11 October 2022: 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 invited comments on the transaction from any interested party.

Contact

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

Lavinia de Havilland, lavinia.dehavilland@cma.gov.uk

Daniel Norcott, daniel.norcott@cma.gov.uk

Published 11 October 2022
Last updated 17 November 2022 +show all updates
  1. Initial enforcement order and derogation published.

  2. First published.

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