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Bloomberg / Broadway Technology merger inquiry

Competition Markets Authority

September 6
08:01 2023

Statutory timetable

Date Action
6 September 2023 Decision announced
19 July 2023 Launch of merger inquiry
19 July 2023 to 2 August 2023 Invitation to comment

Phase 1

Found not to qualify decision

6 September 2023: The CMA has decided that the anticipated acquisition by Bloomberg L.P. of Broadway Technology, LLC does not qualify for investigation under the merger provisions of the Enterprise Act 2002. The non-confidential text of the decision will be published in due course.

Launch of merger inquiry

19 July 2023: The CMA announced the launch of its merger inquiry by notice to the parties.

Invitation to comment: now closed

19 July 2023: The 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 general.enquiries@cma.gov.uk

Published 19 July 2023
Last updated 6 September 2023 +show all updates
  1. Phase 1 decision published

  2. First published.

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