GovWire

Arçelik / Whirlpool EMEA merger inquiry

Competition Markets Authority

October 11
06:00 2023

Phase 2

Administrative timetable

Date Action
11 October 2023 Date of referral
26 March 2024 Statutory deadline

Contact

Arcelik.Whirlpool@cma.gov.uk

Inquiry group appointed

TBC

Terms of reference

11 October 2023: The CMA has referred the anticipated joint venture between Arelik A.?. (via Ardutch B.V.) and Whirlpool Corporation (via Whirlpool EMEA Holdings LLC) for an in-depth investigation.

Phase 1

Statutory timetable

Date Action
28 September 2023 Phase 1 decision announced
2 August 2023 Launch of merger inquiry
11 July 2023 to 25 July 2023 Invitation to comment now closed

Reference decision

11 October 2023: The CMA has referred the anticipated joint venture between Arelik A.?. (via Ardutch B.V.) and Whirlpool Corporation (via Whirlpool EMEA Holdings LLC) for an in-depth investigation on the basis that, on the information currently available to it, it is or may be the case that this Transaction may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom.

Reference unless undertakings accepted

28 September 2023: The CMA has decided, on the information currently available to it, that it is or may be the case that this transaction may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom. The transaction will be referred for a phase 2 investigation unless the parties offer acceptable undertakings to address these competition concerns.

Launch of merger inquiry

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

The date of the CMAs phase 1 decision deadline was incorrect in the commencement notice. The correct date for the deadline is 28 September 2023 and the CMA has updated the notice accordingly.

Invitation to comment now closed

11 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, in advance of the CMAs formal investigation starting.

These comments should be provided by the deadline set out above.

Contact

Please send written representations about any competition issues to:

Marta Freire, Principal Case Officer: marta.freire@cma.gov.uk

Published 11 July 2023
Last updated 11 October 2023 +show all updates
  1. Decision to refer and Terms of reference published

  2. Summary of phase 1 decision published.

  3. Date correction.

  4. Commencement notice published

  5. First published.

Share This


Enjoyed this? Why not share it with others if you've found it useful by using one of the tools below: