GovWire

Phase 2

Administrative timetable

Date of reference : 9 December 2022

Statutory deadline: 20 July 2023 (updated on 6.4.23)

• Administrative timetable (PDF, 101KB) (updated 23.6.23)

Contact

general.enquiries@cma.gov.uk

Notice of penalty

14 December 2023: the CMA gave notice to Copart, Inc., CPRT LLP and Copart UK Limited (together, Copart) on 14 December 2023 that is has decided to impose a penalty on Copart, Inc., CPRT LLP, Copart UK Limited jointly and severally under section 94A of the Enterprise Act 2002 (the Act). The CMA found that Copart, without reasonable excuse, failed to comply in certain respects with the requirements imposed on it by the initial enforcement order issued by the CMA under section 72 of the Act on 9 August 2022 to Copart.

• Summary of penalty notice (PDF, 186KB) (15.12.23)
• Penalty notice (PDF, 870KB) (19.12.23)

Notice of penalty

11 August 2023: The CMA has published a notice of a penalty imposed on Copart, Inc., CPRT LLP and Copart UK Limited (together, Copart) on 10 August 2023 under section 110 of the Enterprise Act 2002 (the Act). The CMA found that Copart, without reasonable excuse, failed to comply in full with the requirements imposed on it by the notice issued to Copart under section 109 of the Act on 26 April 2023.

• Penalty notice (PDF 297 KB) (11.8.23)
• Penalty notice - Annex (PDF, 227 KB) (11.8.23)

Final report

14 July 2023: The CMA has found that the completed acquisition by Copart, Inc. of Green Parts Specialist Holdings Ltd (Hills Motors) has not and may not be expected to result in a substantial lessening of competition in any markets in the UK.

• Final report (PDF, 1,781KB) (14.7.23)
• Appendices and glossary (PDF, 125KB) (14.7.23)
• Open letter to Copart, Inc. (PDF, 142KB) (14.7.23)
• Summary of final report (PDF, 159KB) (14.7.23)
• Press release: CMA clears Copart/Hills Motors merger (14.7.23)

Responses to addendum provisional findings

• Parties response to the addendum provisional findings (PDF, 165KB) (7.7.23)
• Third party response (PDF, 119KB) (7.7.23)
• Third party response (PDF, 184KB) (7.7.23)
• Third party response (PDF, 196KB) (7.7.23)
• Third party response (PDF, 106KB) (7.7.23)
• Third party response (PDF, 113KB) (7.7.23)
• Third party response (PDF, 99KB) (7.7.23)

Addendum provisional findings

23 June 2023: The addendum provisional findings outlines the Groups revisions to the provisional SLC finding in the provisional findings report in relation to the supply of salvage services in the UK. The CMA has provisionally concluded that the completed acquisition by Copart, Inc. of Green Parts Specialist Holdings Ltd (Hills Motors) has not and may not be expected to result in a substantial lessening of competition in the supply of salvage services in the UK.

• Addendum provisional findings report (PDF, 341KB) (23.6.23)
• Notice of addendum provisional findings (PDF, 137KB) (23.6.23)
• Press release: New evidence changes vehicle salvage merger assessment (23.6.23)

Responses to provisional findings and possible remedies

• Parties response to the provisional findings (PDF, 446KB) (22.6.23)
• Parties supplementary submission on Hills Motors capabilities (PDF, 561KB) (22.6.23)
• Parties response to the Notice of possible remedies (PDF, 245KB) (22.6.23)
• Third party response (PDF, 107KB) (22.6.23)
• Third party response (PDF, 103KB) (22.6.23)
• Third party response (PDF, 108KB) (22.6.23)
• Third party response (PDF, 125KB)
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