(1) Subsection (2) applies where the following conditions are met—
(a) arrangements or proposed arrangements might have resulted or might result in the creation of a relevant merger situation (the “arrangements concerned”),
(b) no reference has been made under section 22 or 33 in respect of the arrangements concerned, and
(c) the CMA has not informed the persons carrying on the enterprises concerned of a decision that the duty to make a reference under section 22(1) or 33(1) does not apply in respect of those arrangements.
(2) The persons carrying on the enterprises concerned may make a fast-track reference request to the CMA at any time before the end of the initial period (whether or not that period has begun).
(3) In this section and in sections 34ZE and 34ZF, “fast-track reference request” means a request that the CMA makes a reference under section 22(1A) or 33(1A) in relation to the arrangements concerned.
(1) This section applies where a fast-track reference request is made and not withdrawn.
(2) Where the fast-track reference request is made before the beginning of the initial period, the CMA may, at any time before the beginning of that period, reject the request.
(3) Where the CMA has not rejected the fast-track reference request in accordance with subsection (2), the CMA must, within the decision period, decide whether to accept the request in accordance with section 34ZF or reject the request.
(4) Where the CMA accepts or rejects a fast-track reference request, the CMA must notify the persons carrying on the enterprises concerned that the request has been accepted or rejected.
(5) In this section—
“decision period” means, in relation to the arrangements concerned—
in a case where the initial period has not begun, that period, or
in a case where the initial period has begun, the period beginning with the day on which the fast-track reference request is made and ending at the end of the initial period;
“initial period” has the meaning given by section 34ZA(3).
34ZF Acceptance by the CMA of fast-track reference requests
(1) The CMA may accept a fast-track reference request only if the condition in subsection (2) or (3) is met.
(2) The condition in this subsection is that, in relation to the arrangements concerned—
(a) the CMA believes that it is or may be the case that a relevant merger situation has been created, and
(b) the CMA would not be prevented from making a reference under section 22(1) by reason of section 22(3).
(3) The condition in this subsection is that, in relation to the arrangements concerned—
(a) the CMA believes that it is or may be the case that, if carried into effect, the arrangements will result in the creation of a relevant merger situation, and
(b) the CMA would not be prevented from making a reference under section 33(1) by reason of section 33(3).
(4) In deciding whether to accept a fast-track reference request under subsection (2) or (3), the CMA must have regard, in particular, to—
(a) whether the arrangements concerned raise any consideration specified in section 58;
(b) whether a special intervention notice (see section 59(2)) is in force in relation to the arrangements.
(5) Where the CMA decides to accept a fast-track reference request the duties to make references under sections 22(1) and 33(1) do not apply, and accordingly the CMA may not make any reference under those provisions in respect of the arrangements concerned (but see the duties under sections 22(1A) and 33(1A)).
(1) Where a reference is made to the chair of the CMA under section 22 or 33 for the constitution of a group under Schedule 4 to the Enterprise and Regulatory Reform Act 2013, the functions of the CMA under or by virtue of the following provisions of this Part in relation to the matter concerned are to be carried out on behalf of the CMA by the group so constituted—
(a) sections 35 to 41B, except for sections 35(6) and (7), 36(5) and (6) and 37(6);
(b) where a reference is treated by virtue of section 37(2) as having been made under section 22, section 23(9)(a);
(c) section 76, as it applies in relation to orders under section 83, and sections 77, 78 and 80 to 84;
(d) section 87, so far as relating to an enforcement order made on behalf of the CMA by the group;
(e) sections 92(4), 94 and 94AA, so far as relating to an enforcement undertaking or enforcement order made on behalf of the CMA by the group;
(f) section 104, so far as relating to a decision mentioned in paragraph (a)(iii) of the definition of relevant decision in subsection (6) of that section;
(g) section 107, so far as relating to anything done on behalf of the CMA by the group;
(h) section 109, where the permitted purpose in question relates to a function that (by virtue of this section) is being or is to be carried out on behalf of the CMA by the group;
(i) sections 110 to 115, so far as relating to a notice given under section 109 on behalf of the CMA by the group;
(j) section 120(5)(b), so far as relating to a decision of the group;
(k) Schedule 10, so far as relating to an enforcement undertaking or enforcement order which the group is considering accepting or making, or which the group has accepted or made, on behalf of the CMA.
(2) The functions of the CMA under section 95(4) in relation to the matter concerned may be carried out on behalf of the CMA by the group.
(3) Nothing in subsection (1) prevents the CMA Board from exercising a function of the CMA under or by virtue of the following provisions of this Part where the group constituted as mentioned in subsection (1) has ceased to exist—
(a) section 76 and Schedule 10, so far as relating to the making of an order under section 76 in relation to an order under section 83;
(b) section 83 and Schedule 10, so far as relating to the making of an order under section 83;
(c) sections 76 (as it applies in relation to an order under section 83), 80 to 84 and Schedule 10, so far as relating to the variation, supersession or release of enforcement undertakings or the variation or revocation of enforcement orders;
(d) section 87;
(e) sections 92(4) , 94 and 94AA.
35 Questions to be decided in relation to completed mergers
(1) Subject to subsections (6) and (7) and section 127(3), the CMA shall, on a reference under section 22, decide the following questions—
(a) whether a relevant merger situation has been created; and
(b) if so, whether the creation of that situation has resulted, or may be expected to result, in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.
(2) For the purposes of this Part there is an anti-competitive outcome if—
(a) a relevant merger situation has been created and the creation of that situation has resulted, or may be expected to result, in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services; or
(b) arrangements are in progress or in contemplation which, if carried into effect, will result in the creation of a relevant merger situation and 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.
(3) The CMA shall, if it has decided on a reference under section 22 that there is an anti-competitive outcome (within the meaning given by subsection (2)(a)), decide the following additional questions—
(a) whether action should be taken by it under section 41(2) for the purpose of remedying, mitigating or preventing the substantial lessening of competition concerned or any adverse effect which has resulted from, or may be expected to result from, the substantial lessening of competition;
(b) whether it should recommend the taking of action by others for the purpose of remedying, mitigating or preventing the substantial lessening of competition concerned or any adverse effect which has resulted from, or may be expected to result from, the substantial lessening of competition; and
(c) in either case, if action should be taken, what action should be taken and what is to be remedied, mitigated or prevented.
(4) In deciding the questions mentioned in subsection (3) the CMA shall, in particular, have regard to the need to achieve as comprehensive a solution as is reasonable and practicable to the substantial lessening of competition and any adverse effects resulting from it.
(5) In deciding the questions mentioned in subsection (3) the CMA may, in particular, have regard to the effect of any action on any relevant customer benefits in relation to the creation of the relevant merger situation concerned.
(6) In relation to the question whether a relevant merger situation has been created, a reference under section 22 may be framed so as to require the CMA to exclude from consideration—
(a) subsection (1) of section 23;
(b) subsection (2) of that section; or
(c) one of those subsections if the CMA finds that the other is satisfied.
(7) In relation to the question whether any such result as is mentioned in section 23(2)(b) has arisen, a reference under section 22 may be framed so as to require the CMA to confine its investigation to the supply of goods or services in a part of the United Kingdom specified in the reference.
36 Questions to be decided in relation to anticipated mergers
(1) Subject to subsections (5) and (6) and section 127(3), the CMA shall, on a reference under section 33, decide the following questions—
(a) whether arrangements are in progress or in contemplation which, if carried into effect, will result in the creation of a relevant merger situation; and
(b) 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.
(2) The CMA shall, if it has decided on a reference under section 33 that there is an anti-competitive outcome (within the meaning given by section 35(2)(b)), decide the following additional questions—
(a) whether action should be taken by it under section 41(2) for the purpose of remedying, mitigating or preventing the substantial lessening of competition concerned or any adverse effect which may be expected to result from the substantial lessening of competition;
(b) whether it should recommend the taking of action by others for the purpose of remedying, mitigating or preventing the substantial lessening of competition concerned or any adverse effect which may be expected to result from the substantial lessening of competition; and
(c) in either case, if action should be taken, what action should be taken and what is to be remedied, mitigated or prevented.
(3) In deciding the questions mentioned in subsection (2) the CMA shall, in particular, have regard to the need to achieve as comprehensive a solution as is reasonable and practicable to the substantial lessening of competition and any adverse effects resulting from it.
(4) In deciding the questions mentioned in subsection (2) the CMA may, in particular, have regard to the effect of any action on any relevant customer benefits in relation to the creation of the relevant merger situation concerned.
(5) In relation to the question whether a relevant merger situation will be created, a reference under section 33 may be framed so as to require the CMA to exclude from consideration—
(a) subsection (1) of section 23;
(b) subsection (2) of that section; or
(c) one of those subsections if the CMA finds that the other is satisfied.
(6) In relation to the question whether any such result as is mentioned in section 23(2)(b) will arise, a reference under section 33 may be framed so as to require the CMA to confine its investigation to the supply of goods or services in a part of the United Kingdom specified in the reference.
37 Cancellation and variation of references under section 22 or 33
(1) The CMA shall cancel a reference under section 33 if it considers that the proposal to make arrangements of the kind mentioned in the reference has been abandoned.
(2) The CMA may, if it considers that doing so is justified by the facts (including events occurring on or after the making of the reference concerned), treat a reference made under section 22 or 33 as if it had been made under section 33 or (as the case may be) 22; and, in such cases, references in this Part to references under those sections shall, so far as may be necessary, be construed accordingly.
(3) Where, by virtue of subsection (2), the CMA treats a reference made under section 22 or 33 as if it had been made under section 33 or (as the case may be) 22, sections 77 to 81 shall, in particular, apply as if the reference had been made under section 33 or (as the case may be) 22 instead of under section 22 or 33.
(4) Subsection (5) applies in relation to any undertaking accepted under section 80, or any order made under section 81, which is in force immediately before the CMA, by virtue of subsection (2), treats a reference made under section 22 or 33 as if it had been made under section 33 or (as the case may be) 22.
(5) The undertaking or order shall, so far as applicable, continue in force as if—
(a) in the case of an undertaking or order which relates to a reference made under section 22, accepted or made in relation to a reference made under section 33; and
(b) in the case of an undertaking or order which relates to a reference made under section 33, accepted or made in relation to a reference made under section 22;
and the undertaking or order concerned may be varied, superseded, released or revoked accordingly.
(6) The CMA may at any time vary a reference under section 22 or 33.
(7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(8) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(9) No variation by the CMA under this section shall be capable of altering the period permitted by section 39 within which the report of the CMA under section 38 is to be prepared and published.
38 Investigations and reports on references under section 22 or 33
(1) The CMA shall prepare and publish a report on a reference under section 22 or 33 within the period permitted by section 39.
(2) The report shall, in particular, contain—
(a) the decisions of the CMA on the questions which it is required to answer by virtue of section 35 or (as the case may be) 36;
(b) its reasons for its decisions; and
(c) such information as the CMA considers appropriate for facilitating a proper understanding of those questions and of its reasons for its decisions.
(3) The CMA shall carry out such investigations as it considers appropriate for the purposes of preparing a report under this section.
(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(1) The CMA shall prepare and publish its report under section 38 within the period of 24 weeks beginning with the date of the reference concerned.
(2) Where article 9(6) of the European Merger Regulations applies in relation to the reference under section 22 or 33, the Commission shall prepare and publish its report under section 38—
(a) within the period of 24 weeks beginning with the date of the reference; or
(b) if it is a shorter period, within such period as is necessary to ensure compliance with that article.
(2A) Where the CMA and the persons carrying on the enterprises concerned agree—
(a) that the period within which a report under section 38 is to be prepared and published (the “original period”) should be extended, and
(b) the duration of the period by which the original period should be extended (the “extension period”),
the CMA may extend the original period by the extension period.
(3) The CMA may extend, by no more than 8 weeks, the period within which a report under section 38 on a reference under section 22(1) or 33(1) is to be prepared and published if it considers that there are special reasons why the report cannot be prepared and published within that period.
(3A) The CMA may extend, by no more than 11 weeks, the period within which a report under section 38 on a reference under section 22(1A) or 33(1A) is to be prepared and published if it considers that there are special reasons why the report cannot be prepared and published within that period.
(4) The CMA may extend the period within which a report under section 38 is to be prepared and published if it considers that a relevant person has failed (whether with or without a reasonable excuse) to comply with any requirement of a notice under section 109.
(5) In this section “relevant person” means—
(a) any person carrying on any of the enterprises concerned;
(b) any person who (whether alone or as a member of a group) owns or has control of any such person; or
(c) any officer, employee or agent of any person mentioned in paragraph (a) or (b).
(6) For the purposes of subsection (5) a person or group of persons able, directly or indirectly, to control or materially to influence the policy of a body of persons corporate or unincorporate, but without having a controlling interest in that body of persons, may be treated as having control of it.
(7) An extension under subsection (2A), (3) , (3A) or (4) shall come into force when published under section 107.
(7A) An extension under subsection (2A) continues in force until—
(a) the end of the extension period, or
(b) an earlier time if, before the end of that period—
(i) the CMA and the persons carrying on the enterprises concerned agree that the extension should be cancelled with effect from the earlier time, and
(ii) the CMA publishes its decision to cancel the extension with effect from that time.
(8) An extension under subsection (4) shall continue in force until—
(a) the person concerned provides the information or documents to the satisfaction of the CMA or (as the case may be) appears as a witness in accordance with the requirements of the CMA; or
(b) the CMA publishes its decision to cancel the extension.
(8A) In the case of a report on a reference under section 33, the CMA may provide that a specified period of no more than 3 weeks is to be disregarded for the purposes of any time-limit for the preparation and publication of the report which applies by virtue of this section if—
(a) a relevant person has so requested before the end of the period of 3 weeks beginning with the date of the reference concerned; and
(b) the CMA reasonably believes that the arrangements in question might be abandoned.
(8B) If the CMA exercises the power under subsection (8A), the CMA shall publish a notice to that effect.
(9) References in this Part to the date of a reference shall be construed as references to the date specified in the reference as the date on which it is made.
(10) This section is subject to section 40.
(1) No extension is possible under subsection (3) or (4) of section 39 where the period within which the report is to be prepared and published is determined by virtue of subsection (2)(b) of that section.
(2) Where the period within which the report is to be prepared and published is determined by virtue of subsection (2)(a) of section 39, no extension is possible under subsection (3) or (4) of that section which extends that period beyond such period as is necessary to ensure compliance with article 9(6) of the European Merger Regulations.
(3) A period extended under any subsection of section 39 may also be extended under any other subsection of that section.
(4) No more than one extension is possible under section 39(3) or (3A).
(5) Where a period within which a report under section 38 is to be prepared and published is extended or further extended under section 39(2A), (3) , (3A) or (4), the period as extended or (as the case may be) further extended shall, subject to subsections (6) and (7), be calculated by taking the period being extended and adding to it the period of the extension (whether or not those periods overlap in time).
(6) Subsection (7) applies where—
(a) the period within which the report under section 38 is to be prepared and published is further extended;
(b) the further extension and at least one previous extension is made under section 39(4); and
(c) the same days or fractions of days are included in or comprise the further extension and are included in or comprise at least one such previous extension.
(7) In calculating the period of the further extension, any days or fractions of days of the kind mentioned in subsection (6)(c) shall be disregarded.
(8) The Secretary of State may by order amend section 39 so as to alter any one or more of the following periods—
(a) the period of 24 weeks mentioned in subsection (1) of that section or any period for the time being mentioned in that subsection in substitution for that period;
(b) the period of 24 weeks mentioned in subsection (2)(a) of that section or any period for the time being mentioned in that subsection in substitution for that period;
(c) the period of 8 weeks mentioned in subsection (3) of that section or any period for the time being mentioned in that subsection in substitution for that period.
(9) No alteration shall be made by virtue of subsection (8) which results in the period for the time being mentioned in subsection (1) or (2)(a) of section 39 exceeding 24 weeks or the period for the time being mentioned in subsection (3) of that section exceeding 8 weeks.
(10) An order under subsection (8) shall not affect any period of time within which the CMA is under a duty to prepare and publish its report under section 38 in relation to a reference under section 22 or 33 if the CMA is already under that duty in relation to that reference when the order is made.
(11) Before making an order under subsection (8) the Secretary of State shall consult the CMA and such other persons as he considers appropriate.
(12) The Secretary of State may make regulations for the purposes of section 39(8).
(13) The regulations may, in particular—
(a) provide for the time at which information or documents are to be treated as provided (including the time at which they are to be treated as provided to the satisfaction of the CMA for the purposes of section 39(8));
(b) provide for the time at which a person is to be treated as appearing as a witness (including the time at which he is to be treated as appearing as a witness in accordance with the requirements of the CMA for the purposes of section 39(8));
(c) provide for the persons carrying on the enterprises which have or may have ceased to be, or may cease to be, distinct enterprises to be informed, in circumstances in which section 39(8) applies, of the fact that—
(i) the CMA is satisfied as to the provision of the information or documents required by it; or
(ii) the person concerned has appeared as a witness in accordance with the requirements of the CMA;
(d) provide for the persons carrying on the enterprises which have or may have ceased to be, or may cease to be, distinct enterprises to be informed, in circumstances in which section 39(8) applies, of the time at which the CMA is to be treated as satisfied as mentioned in paragraph (c)(i) above or the person concerned is to be treated as having appeared as mentioned in paragraph (c)(ii) above.
41 Duty to remedy effects of completed or anticipated mergers
(1) Subsection (2) applies where a report of the CMA has been prepared and published under section 38 within the period permitted by section 39 and contains the decision that there is an anti-competitive outcome.
(2) The CMA shall take such action under section 82 or 84 as it considers to be reasonable and practicable—
(a) to remedy, mitigate or prevent the substantial lessening of competition concerned; and
(b) to remedy, mitigate or prevent any adverse effects which have resulted from, or may be expected to result from, the substantial lessening of competition.
(3) The decision of the CMA under subsection (2) shall be consistent with its decisions as included in its report by virtue of section 35(3) or (as the case may be) 36(2) unless there has been a material change of circumstances since the preparation of the report or the CMA otherwise has a special reason for deciding differently.
(4) In making a decision under subsection (2), the CMA shall, in particular, have regard to the need to achieve as comprehensive a solution as is reasonable and practicable to the substantial lessening of competition and any adverse effects resulting from it.
(5) In making a decision under subsection (2), the CMA may, in particular, have regard to the effect of any action on any relevant customer benefits in relation to the creation of the relevant merger situation concerned.
41A Time-limit for discharging duty under section 41
(1) The CMA shall discharge its duty under section 41(2) within the period of 12 weeks beginning with the date on which it publishes the report concerned under section 38.
(2) The CMA may extend, by no more than 6 weeks, the period within which its duty under section 41(2) shall be discharged if it considers that there are special reasons for doing so.
(3) The CMA may extend the period within which its duty under section 41(2) shall be discharged if it considers that a relevant person has failed (whether with or without reasonable excuse) to comply with any requirement of a notice under section 109 which is given in relation to the reference.
(4) In subsection (3), “relevant person” means—
(a) any person carrying on any of the enterprises concerned;
(b) any person who (whether alone or as a member of a group) owns or has control of any such person; or
(c) any officer, employee or agent of any person mentioned in paragraph (a) or (b).
(5) For the purposes of subsection (4), a person or group of persons able, directly or indirectly, to control or materially to influence the policy of a body of persons corporate or unincorporate, but without having a controlling interest in that body of persons, may be treated as having control of it.
(6) An extension under subsection (2) or (3) comes into force when published under section 107.
(7) An extension under subsection (3) continues in force until—
(a) the person concerned provides the information or documents to the satisfaction of the CMA or (as the case may be) appears as a witness in accordance with the requirements of the CMA; or
(b) the CMA publishes its decision to cancel the extension.
(1) A period extended under section 41A(2) may also be extended under section 41A(3), and a period extended under section 41A(3) may also be extended under section 41A(2).
(2) No more than one extension is possible under section 41A(2).
(3) Where a period is extended or further extended under section 41A(2) or (3), the period as extended or (as the case may be) further extended is, subject to subsections (4) and (5), to be calculated by taking the period being extended and adding to it the period of the extension (whether or not those periods overlap in time).
(4) Subsection (5) applies where—
(a) the period within which the CMA must discharge its duty under section 41(2) is further extended;
(b) the further extension and at least one previous extension is made under section 41A(3); and
(c) the same days or fractions of days are included in or comprise the further extension and are included in or comprise at least one such previous extension.
(5) In calculating the period of the further extension, any days or fractions of days of the kind mentioned in subsection (4)(c) are to be disregarded.
(6) The Secretary of State may by order amend section 41A so as to alter either or both of the following periods—
(a) the period of 12 weeks mentioned in subsection (1) of that section or any period for the time being mentioned in that subsection in substitution for that period;
(b) the period of 6 weeks mentioned in subsection (2) of that section or any period for the time being mentioned in that subsection in substitution for that period.
(7) But no alteration may be made by virtue of subsection (6) which results in—
(a) the period for the time being mentioned in section 41A(1) exceeding 12 weeks; or
(b) the period for the time being mentioned in section 41A(2) exceeding 6 weeks.
(8) Before making an order under subsection (6) the Secretary of State shall consult the CMA and such other persons as the Secretary of State considers appropriate.
42 Intervention by Secretary of State in certain public interest cases
(1) Subsection (2) applies where—
(a) the Secretary of State has reasonable grounds for suspecting that it is or may be the case that a relevant merger situation has been created or that arrangements are in progress or in contemplation which, if carried into effect, will result in the creation of a relevant merger situation;
(b) no reference under section 22, 33, 68B or 68C has been made in relation to the relevant merger situation concerned;
(c) no decision has been made not to make such a reference (other than a decision made by virtue of subsection (2)(b) of section 33 or subsection (2)(a) of section 68C or a decision to accept undertakings under section 73 instead of making such a reference); and
(d) no reference is prevented from being made under section 22, 33, 68B or 68C by virtue of—
(i) section 22(3)(za) or (a) or (as the case may be) 33(3)(za) or (a) (including those provisions as applied by sections 68B and 68C); ...
(ii) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2) The Secretary of State may give a notice to the CMA (in this Part “an intervention notice”) if he believes that it is or may be the case that one or more than one public interest consideration is relevant to a consideration of the relevant merger situation concerned.
(3) For the purposes of this Part a public interest consideration is a consideration which, at the time of the giving of the intervention notice concerned, is specified in section 58 or is not so specified but, in the opinion of the Secretary of State, ought to be so specified.
(4) No more than one intervention notice shall be given under subsection (2) in relation to the same relevant merger situation.
(5) For the purposes of deciding whether a relevant merger situation has been created or whether arrangements are in progress or in contemplation which, if carried into effect, will result in the creation of a relevant merger situation, sections 23 to 30 (read together with section 34) shall apply for the purposes of this Chapter as they do for the purposes of Chapter 1 but subject to subsection (6).
(6) In their application by virtue of subsection (5) sections 23 to 30 shall have effect as if—
(a) for paragraph (a) of section 23(9) there were substituted—
(a) in relation to the giving of an intervention notice, the time when the notice is given;
(aa) in relation to the making of a report by the CMA under section 44, the time of the making of the report;
(ab) in the case of a reference which is treated as having been made under section 45(2) or (3) by virtue of section 49(1), such time as the CMA may determine; and
;
(b) the references to the CMA in section 25(1) to (3) ... included references to the Secretary of State;
(c) the references to the CMA in section 25(4) and (5) were references to the Secretary of State;
(d) the reference in section 25(4) to section 73 were a reference to paragraph 3 of Schedule 7;
(e) after section 25(5) there were inserted—
(5A) The Secretary of State may by notice to the persons carrying on the enterprises which have or may have ceased to be distinct enterprises extend the four month period mentioned in section 24(1)(a) or (2)(b) if, by virtue of section 46(5) or paragraph 3(6) of Schedule 7, he decides to delay a decision as to whether to make a reference under section 45.
(5B) An extension under subsection (5A) shall be for the period of the delay.
;
(f) in section 25(10)(b) for “ and (4) ” there were substituted “, (4) and (5A)”;
(g) the reference in section 25(12) to one extension were a reference to one extension by the CMA and one extension by the Secretary of State;
(h) the powers to extend time-limits under section 25 as applied by subsection (5) above ... were not exercisable by the CMA or the Secretary of State before the giving of an intervention notice but the existing time-limits by virtue of section 24 (as so applied) in relation to possible references under section 22 or 33 were applicable for the purposes of the giving of that notice;
(i) the existing time-limits by virtue of section 24 (as so applied) in relation to possible references under section 22 or 33 (except for extensions under section 25(4)) remained applicable on and after the giving of an intervention notice as if any extensions were made under section 25 as applied by subsection (5) above but subject to further alteration by the CMA or the Secretary of State under section 25 as so applied;
(j) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(k) in the case of the giving of intervention notices, the references in sections 23 to 30 to the making of a reference or a reference were, so far as necessary, references to the giving of an intervention notice or an intervention notice; ...
(l) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(7) Where the Secretary of State has given an intervention notice mentioning a public interest consideration which, at that time, is not finalised, he shall, as soon as practicable, take such action as is within his power to ensure that it is finalised.
(8) For the purposes of this Part a public interest consideration is finalised if—
(a) it is specified in section 58 otherwise than by virtue of an order under subsection (3) of that section; or
(b) it is specified in that section by virtue of an order under subsection (3) of that section and the order providing for it to be so specified has been laid before, and approved by, Parliament in accordance with subsection (7) of section 124 and within the period mentioned in that subsection.
(1) An intervention notice shall state—
(a) the relevant merger situation concerned;
(b) the public interest consideration or considerations which are, or may be, relevant to a consideration of the relevant merger situation concerned; and
(c) where any public interest consideration concerned is not finalised, the proposed timetable for finalising it.
(2) Where the Secretary of State believes that it is or may be the case that two or more public interest considerations are relevant to a consideration of the relevant merger situation concerned, he may decide not to mention in the intervention notice such of those considerations as he considers appropriate.
(3) An intervention notice shall come into force when it is given and shall cease to be in force when the matter to which it relates is finally determined under this Chapter.
(4) For the purposes of this Part, a matter to which an intervention notice relates is finally determined under this Chapter if—
(a) the time within which the CMA or (if relevant) OFCOM is to report to the Secretary of State under section 44 or (as the case may be) 44A has expired and no such report has been made;
(b) the Secretary of State decides to accept an undertaking or group of undertakings under paragraph 3 of Schedule 7 instead of making a reference under section 45;
(c) the Secretary of State otherwise decides not to make a reference under that section;
(d) the CMA cancels such a reference under section 48(1) or 53(1);
(e) the time within which the CMA is to prepare a report under section 50 and give it to the Secretary of State has expired and no such report has been prepared and given to the Secretary of State;
(f) the time within which the Secretary of State is to make and publish a decision under section 54(2) has expired and no such decision has been made and published;
(g) the Secretary of State decides under section 54(2) to make no finding at all in the matter;
(h) the Secretary of State otherwise decides under section 54(2) not to make an adverse public interest finding;
(i) the Secretary of State decides under section 54(2) to make an adverse public interest finding but decides neither to accept an undertaking under paragraph 9 of Schedule 7 nor to make an order under paragraph 11 of that Schedule; or
(j) the Secretary of State decides under section 54(2) to make an adverse public interest finding and accepts an undertaking under paragraph 9 of Schedule 7 or makes an order under paragraph 11 of that Schedule.
(5) For the purposes of this Part the time when a matter to which an intervention notice relates is finally determined under this Chapter is—
(a) in a case falling within subsection (4)(a), (e) or (f), the expiry of the time concerned;
(b) in a case falling within subsection (4)(b), the acceptance of the undertaking or group of undertakings concerned;
(c) in a case falling within subsection (4)(c), (d), (g) or (h), the making of the decision concerned;
(d) in a case falling within subsection (4)(i), the making of the decision neither to accept an undertaking under paragraph 9 of Schedule 7 nor to make an order under paragraph 11 of that Schedule; and
(e) in a case falling within subsection (4)(j), the acceptance of the undertaking concerned or (as the case may be) the making of the order concerned.
(6) In this Part “OFCOM” means the Office of Communications.
(1) Subsection (2) applies where the Secretary of State has given an intervention notice in relation to a relevant merger situation.
(2) The CMA shall, within such period as the Secretary of State may require, give a report to the Secretary of State in relation to the case.
(3) The report shall contain—
(a) advice from the CMA on the considerations relevant to the making of a reference under section 22 or 33 which are also relevant to the Secretary of State’s decision as to whether to make a reference under section 45; and
(b) a summary of any representations about the case which have been received by the CMA and which relate to any public interest consideration mentioned in the intervention notice concerned (other than a media public interest consideration) and which is or may be relevant to the Secretary of State’s decision as to whether to make a reference under section 45.
(4) The report shall, in particular, include decisions as to whether the CMA believes that it is, or may be, the case that—
(a) a relevant merger situation has been created or arrangements are in progress or in contemplation which, if carried into effect, will result in the creation of a relevant merger situation;
(b) the creation of that situation has resulted, or may be expected to result, in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services;
(c) the market or markets concerned would not be of sufficient importance to justify the making of a reference ... under section 22 or 33;
(d) in the case of arrangements which are in progress or in contemplation, the arrangements are not sufficiently far advanced, or not sufficiently likely to proceed, to justify the making of such a reference;
(e) any relevant customer benefits in relation to the creation of the relevant merger situation concerned outweigh the substantial lessening of competition and any adverse effects of the substantial lessening of competition; or
(f) it would be appropriate to deal with the matter (disregarding any public interest considerations mentioned in the intervention notice concerned) by way of undertakings under paragraph 3 of Schedule 7.
(5) If the CMA believes that it is or may be the case that it would be appropriate to deal with the matter (disregarding any public interest considerations mentioned in the intervention notice concerned) by way of undertakings under paragraph 3 of Schedule 7, the report shall contain descriptions of the undertakings which the CMA believes are, or may be, appropriate.
(5A) The report may, in particular, contain a summary of any representations about the case which have been received by the CMA and which relate to any media public interest consideration mentioned in the intervention notice concerned and which is or may be relevant to the Secretary of State’s decision as to whether to make a reference under section 45.
(6) The report may, in particular, include advice and recommendations on any public interest consideration mentioned in the intervention notice concerned and which is or may be relevant to the Secretary of State’s decision as to whether to make a reference under section 45.
(7) The CMA shall carry out such investigations as it considers appropriate for the purposes of producing a report under this section.
(8) In this Part “media public interest consideration” means any consideration which, at the time of the giving of the intervention notice concerned—
(a) is specified in section 58(2A) to (2C); or
(b) in the opinion of the Secretary of State, is concerned with broadcasting or newspapers and ought to be specified in section 58.
(9) In this Part “broadcasting” means the provision of services the provision of which—
(a) is required to be licensed under Part 1 or 3 of the Broadcasting Act 1990 or Part 1 or 2 of the Broadcasting Act 1996; or
(b) would be required to be so licensed if provided by a person subject to licensing under the Part in question.
(10) In this Part, “newspaper” means a publication which—
(a) consists of, or includes, news-related material which is subject to editorial control;
(b) is published on any periodic basis; and
(c) is connected with the United Kingdom.
(10A) For the purposes of subsection (10)—
(a) “news-related material” means—
(i) news or information about current affairs; or
(ii) opinion about matters relating to the news or current affairs;
(b) news-related material contained in a publication is subject to editorial control if the publisher of the publication has editorial or equivalent responsibility for—
(i) the content of the material (which may include commissioning it);
(ii) how the material is presented; and
(iii) the decision to first publish the material;
(c) a publication is not to be treated as consisting of, or including, news-related material if the news-related material contained in the publication—
(i) is included only incidentally to the main content of the publication; or
(ii) relates wholly to a particular pastime, hobby, trade, business, industry or profession;
(d) “publication” means a publication which is—
(i) online; or
(ii) in hard copy,
and references to “publish” or a “publisher” are to be construed accordingly;
(e) a reference to a publication being published on any periodic basis includes, in relation to an online publication, a reference to it being updated on any periodic or other recurring basis;
(f) a publication is connected with the United Kingdom if—
(i) the majority of its readership is in the United Kingdom;
(ii) the majority of editorial decisions about the publication are taken in the United Kingdom; or
(iii) the registered or principal office of the publisher of the publication is in the United Kingdom.
(11) The Secretary of State may by order amend subsections (9) and (10).
44A Additional investigation and report by OFCOM: media mergers
(1) Subsection (2) applies where—
(a) the Secretary of State has given an intervention notice in relation to a relevant merger situation; and
(b) the intervention notice mentions any media public interest consideration.
(2) OFCOM shall, within such period as the Secretary of State may require, give a report to the Secretary of State on the effect of the consideration or considerations concerned on the case.
(3) The report shall contain—
(a) advice and recommendations on any media public interest consideration mentioned in the intervention notice concerned and which is or may be relevant to the Secretary of State’s decision as to whether to make a reference under section 45; and
(b) a summary of any representations about the case which have been received by OFCOM and which relate to any such consideration.
(4) OFCOM shall carry out such investigations as they consider appropriate for the purposes of producing a report under this section.
45 Power of Secretary of State to refer matter to CMA
(1) Subsections (2) to (5) apply where the Secretary of State—
(a) has given an intervention notice in relation to a relevant merger situation; and
(b) has received a report of the CMA under section 44, and any report of OFCOM which is required by virtue of section 44A, in relation to the matter.
(2) The Secretary of State may make a reference to the chair of the CMA for the constitution of a group under Schedule 4 to the Enterprise and Regulatory Reform Act 2013 if he believes that it is or may be the case that—
(a) a relevant merger situation has been created;
(b) the creation of that situation has resulted, or may be expected to result, in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services;
(c) one or more than one public interest consideration mentioned in the intervention notice is relevant to a consideration of the relevant merger situation concerned; and
(d) taking account only of the substantial lessening of competition and the relevant public interest consideration or considerations concerned, the creation of that situation operates or may be expected to operate against the public interest.
(3) The Secretary of State may make a reference to the chair of the CMA for the constitution of a group under Schedule 4 to the Enterprise and Regulatory Reform Act 2013 if he believes that it is or may be the case that—
(a) a relevant merger situation has been created;
(b) the creation of that situation has not resulted, and may be expected not to result, in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services;
(c) one or more than one public interest consideration mentioned in the intervention notice is relevant to a consideration of the relevant merger situation concerned; and
(d) taking account only of the relevant public interest consideration or considerations concerned, the creation of that situation operates or may be expected to operate against the public interest.
(4) The Secretary of State may make a reference to the chair of the CMA for the constitution of a group under Schedule 4 to the Enterprise and Regulatory Reform Act 2013 if he believes that it is or may be the case that—
(a) arrangements are in progress or in contemplation which, if carried into effect, will result in the creation of a relevant merger situation;
(b) 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;
(c) one or more than one public interest consideration mentioned in the intervention notice is relevant to a consideration of the relevant merger situation concerned; and
(d) taking account only of the substantial lessening of competition and the relevant public interest consideration or considerations concerned, the creation of the relevant merger situation may be expected to operate against the public interest.
(5) The Secretary of State may make a reference to the chair of the CMA for the constitution of a group under Schedule 4 to the Enterprise and Regulatory Reform Act 2013 if he believes that it is or may be the case that—
(a) arrangements are in progress or in contemplation which, if carried into effect, will result in the creation of a relevant merger situation;
(b) the creation of that situation may be expected not to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services;
(c) one or more than one public interest consideration mentioned in the intervention notice is relevant to a consideration of the relevant merger situation concerned; and
(d) taking account only of the relevant public interest consideration or considerations concerned, the creation of the relevant merger situation may be expected to operate against the public interest.
(6) For the purposes of this Chapter any anti-competitive outcome shall be treated as being adverse to the public interest unless it is justified by one or more than one public interest consideration which is relevant.
(7) This section is subject to section 46.
(1) No reference shall be made under section 45 if—
(a) the making of the reference is prevented by section . . . 74(1) ... or paragraph 4 of Schedule 7; or
(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(1A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2) The Secretary of State, in deciding whether to make a reference under section 45, shall accept the decisions of the CMA included in its report by virtue of subsection (4) of section 44 and any descriptions of undertakings as mentioned in subsection (5) of that section.
(3) Where the decision to make a reference under section 45 is made at any time on or after the end of the period of 24 weeks beginning with the giving of the intervention notice concerned, the Secretary of State shall, in deciding whether to make such a reference, disregard any public interest consideration which is mentioned in the intervention notice but which has not been finalised before the end of that period.
(4) Subject to subsection (5), where the decision to make a reference under section 45(2) or (4) is made at any time before the end of the period of 24 weeks beginning with the giving of the intervention notice concerned, the Secretary of State shall, in deciding whether to make such a reference, disregard any public interest consideration which is mentioned in the intervention notice but which has not been finalised if its effect would be to prevent, or to help to prevent, an anti-competitive outcome from being adverse to the public interest.
(5) The Secretary of State may, if he believes that there is a realistic prospect of the public interest consideration mentioned in subsection (4) being finalised within the period of 24 weeks beginning with the giving of the intervention notice concerned, delay deciding whether to make the reference concerned until the public interest consideration is finalised or, if earlier, the period expires.
(6) A reference under section 45 shall, in particular, specify—
(a) the subsection of that section under which it is made;
(b) the date on which it is made; and
(c) the public interest consideration or considerations mentioned in the intervention notice concerned which the Secretary of State is not under a duty to disregard by virtue of subsection (3) above and which he believes are or may be relevant to a consideration of the relevant merger situation concerned.
Where a reference is made to the chair of the CMA under section 45 for the constitution of a group under Schedule 4 to the Enterprise and Regulatory Reform Act 2013, the functions of the CMA under or by virtue of the following provisions of this Part in relation to the matter concerned are to be carried out on behalf of the CMA by the group so constituted—
(a) sections 47 to 53;
(b) where a reference is treated by virtue of section 49(1) as having been made under section 45(2) or (3), section 23(9)(ab) (as it has effect by virtue of section 42(6));
(c) sections 104, so far as relating to any decision mentioned in paragraph (a)(iii) of the definition of relevant decision in subsection (6) of that section, and 104A;
(d) section 107, so far as relating to anything done on behalf of the CMA by the group;
(e) section 109, where the permitted purpose relates to a function that (by virtue of this section) is being or is to be carried out on behalf of the CMA by the group;
(f) sections 110 to 115, so far as relating to a notice given under section 109 on behalf of the CMA by the group;
(g) section 118(4);
(h) section 120(5)(b), so far as relating to a decision of the group.
47 Questions to be decided on references under section 45
(1) The CMA shall, on a reference under section 45(2) or (3), decide whether a relevant merger situation has been created.
(2) If the CMA decides that such a situation has been created, it shall, on a reference under section 45(2), decide the following additional questions—
(a) whether the creation of that situation has resulted, or may be expected to result, in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services; and
(b) whether, taking account only of any substantial lessening of competition and the admissible public interest consideration or considerations concerned, the creation of that situation operates or may be expected to operate against the public interest.
(3) If the CMA decides that a relevant merger situation has been created, it shall, on a reference under section 45(3), decide whether, taking account only of the admissible public interest consideration or considerations concerned, the creation of that situation operates or may be expected to operate against the public interest.
(4) The CMA shall, on a reference under section 45(4) or (5), decide whether arrangements are in progress or in contemplation which, if carried into effect, will result in the creation of a relevant merger situation.
(5) If the CMA decides that such arrangements are in progress or in contemplation, it shall, on a reference under section 45(4), decide the following additional questions—
(a) 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; and
(b) whether, taking account only of any substantial lessening of competition and the admissible public interest consideration or considerations concerned, the creation of that situation may be expected to operate against the public interest.
(6) If the CMA decides that arrangements are in progress or in contemplation which, if carried into effect, will result in the creation of a relevant merger situation, it shall, on a reference under section 45(5), decide whether, taking account only of the admissible public interest consideration or considerations concerned, the creation of that situation may be expected to operate against the public interest.
(7) The CMA shall, if it has decided on a reference under section 45 that the creation of a relevant merger situation operates or may be expected to operate against the public interest, decide the following additional questions—
(a) whether action should be taken by the Secretary of State under section 55 for the purpose of remedying, mitigating or preventing any of the effects adverse to the public interest which have resulted from, or may be expected to result from, the creation of the relevant merger situation;
(b) whether the CMA should recommend the taking of other action by the Secretary of State or action by persons other than itself and the Secretary of State for the purpose of remedying, mitigating or preventing any of the effects adverse to the public interest which have resulted from, or may be expected to result from, the creation of the relevant merger situation; and
(c) in either case, if action should be taken, what action should be taken and what is to be remedied, mitigated or prevented.
(8) Where the CMA has decided by virtue of subsection (2)(a) or (5)(a) that there is or will be a substantial lessening of competition within any market or markets in the United Kingdom for goods or services, it shall also decide separately the following questions (on the assumption that it is proceeding as mentioned in section 56(6))—
(a) whether action should be taken by it under section 41 for the purpose of remedying, mitigating or preventing the substantial lessening of competition concerned or any adverse effect which has resulted from, or may be expected to result from, the substantial lessening of competition;
(b) whether the CMA should recommend the taking of action by other persons for the purpose of remedying, mitigating or preventing the substantial lessening of competition concerned or any adverse effect which has resulted from, or may be expected to result from, the substantial lessening of competition; and
(c) in either case, if action should be taken, what action should be taken and what is to be remedied, mitigated or prevented.
(9) In deciding the questions mentioned in subsections (7) and (8) the CMA shall, in particular, have regard to the need to achieve as comprehensive a solution as is reasonable and practicable to—
(a) the adverse effects to the public interest; or
(b) (as the case may be) the substantial lessening of competition and any adverse effects resulting from it.
(10) In deciding the questions mentioned in subsections (7) and (8) in a case where it has decided by virtue of subsection (2)(a) or (5)(a) that there is or will be a substantial lessening of competition, the CMA may, in particular, have regard to the effect of any action on any relevant customer benefits in relation to the creation of the relevant merger situation concerned.
(11) In this section “admissible public interest consideration” means any public interest consideration which is specified in the reference under section 45 and which the CMA is not under a duty to disregard.
48 Cases where references or certain questions need not be decided
(1) The CMA shall cancel a reference under section 45(4) or (5) if it considers that the proposal to make arrangements of the kind mentioned in that reference has been abandoned.
(2) In relation to the question whether a relevant merger situation has been created or the question whether a relevant merger situation will be created, a reference under section 45 may be framed so as to require the CMA to exclude from consideration—
(a) subsection (1) of section 23;
(b) subsection (2) of that section; or
(c) one of those subsections if the CMA finds that the other is satisfied.
(3) In relation to the question whether any such result as is mentioned in section 23(2)(b) has arisen or the question whether any such result will arise, a reference under section 45 may be framed so as to require the CMA to confine its investigation to the supply of goods or services in a part of the United Kingdom specified in the reference.
(1) The CMA may, if it considers that doing so is justified by the facts (including events occurring on or after the making of the reference concerned), treat—
(a) a reference made under subsection (2) or (3) of section 45 as if it had been made under subsection (4) or (as the case may be) (5) of that section; or
(b) a reference made under subsection (4) or (5) of section 45 as if it had been made under subsection (2) or (as the case may be) (3) of that section;
and, in such cases, references in this Part to references under those enactments shall, so far as may be necessary, be construed accordingly.
(2) Where, by virtue of subsection (1), the CMA treats a reference made under subsection (2) or (3) of section 45 as if it had been made under subsection (4) or (as the case may be) (5) of that section, paragraphs ... 2, 7 and 8 of Schedule 7 shall, in particular, apply as if the reference had been made under subsection (4) or (as the case may be) (5) of that section instead of under subsection (2) or (3) of that section.
(3) Where, by virtue of subsection (1), the CMA treats a reference made under subsection (4) or (5) of section 45 as if it had been made under subsection (2) or (as the case may be) (3) of that section, paragraphs ... 2, 7 and 8 of Schedule 7 shall, in particular, apply as if the reference had been made under subsection (2) or (as the case may be) (3) of that section instead of under subsection (4) or (5) of that section.
(4) Subsection (5) applies in relation to ... any order made under paragraph 2 of Schedule 7, which is in force immediately before the CMA, by virtue of subsection (1), treats a reference as mentioned in subsection (1).
(5) The ... order shall, so far as applicable, continue in force as if—
(a) in the case of an ... order which relates to a reference under subsection (2) or (3) of section 45 ... made in relation to a reference made under subsection (4) or (as the case may be) (5) of that section; and
(b) in the case of an ... order which relates to a reference made under subsection (4) or (5) of that section ... made in relation to a reference made under subsection (2) or (as the case may be) (3) of that section;
and the ... order concerned may be varied ... or revoked accordingly.
(6) The Secretary of State may at any time vary a reference under section 45.
(7) The Secretary of State shall consult the CMA before varying any such reference.
(8) Subsection (7) shall not apply if the CMA has requested the variation concerned.
(9) No variation by the Secretary of State under this section shall be capable of altering the public interest consideration or considerations specified in the reference or the period permitted by section 51 within which the report of the CMA under section 50 is to be prepared and given to the Secretary of State.
50 Investigations and reports on references under section 45
(1) The CMA shall prepare a report on a reference under section 45 and give it to the Secretary of State within the period permitted by section 51.
(2) The report shall, in particular, contain—
(a) the decisions of the CMA on the questions which it is required to answer by virtue of section 47;
(b) its reasons for its decisions; and
(c) such information as the CMA considers appropriate for facilitating a proper understanding of those questions and of its reasons for its decisions.
(2A) Where the report relates to a reference under section 45 which has been made after a report of OFCOM under section 44A, the CMA shall give a copy of its report (whether or not published) to OFCOM.
(3) The CMA shall carry out such investigations as it considers appropriate for the purpose of producing a report under this section.
51 Time-limits for investigations and reports by CMA
(1) The CMA shall prepare its report under section 50 and give it to the Secretary of State under that section within the period of 24 weeks beginning with the date of the reference concerned.
(2) Where article 9(6) of the European Merger Regulations applies in relation to the reference under section 45, the CMA shall prepare its report under section 50 and give it to the Secretary of State—
(a) within the period of 24 weeks beginning with the date of the reference; or
(b) if it is a shorter period, within such period as is necessary to ensure compliance with that article.
(2A) Where —
(a) the CMA and the persons carrying on the enterprises concerned agree—
(i) that the period within which a report under section 50 is to be prepared and published (the “original period”) should be extended, and
(ii) the duration of the period by which the original period should be extended (the “extension period”), and
(b) the Secretary of State consents to the original period being extended by the extension period,
the CMA may extend the original period by the extension period.
(3) The CMA may extend, by no more than 8 weeks, the period within which a report under section 50 is to be prepared and given to the Secretary of State if it considers that there are special reasons why the report cannot be prepared and given to the Secretary of State within that period.
(4) The CMA may extend the period within which a report under section 50 is to be prepared and given to the Secretary of State if it considers that a relevant person has failed (whether with or without a reasonable excuse) to comply with any requirement of a notice under section 109.
(5) In subsection (4) “relevant person” means—
(a) any person carrying on any of the enterprises concerned;
(b) any person who (whether alone or as a member of a group) owns or has control of any such person; or
(c) any officer, employee or agent of any person mentioned in paragraph (a) or (b).
(6) For the purposes of subsection (5) a person or group of persons able, directly or indirectly, to control or materially to influence the policy of a body of persons corporate or unincorporate, but without having a controlling interest in that body of persons, may be treated as having control of it.
(7) An extension under subsection (2A), (3) or (4) shall come into force when published under section 107.
(7A) An extension under subsection (2A) continues in force until—
(a) the end of the extension period, or
(b) an earlier time if, before the end of that period—
(i) the CMA and the persons carrying on the enterprises concerned agree that the extension should be cancelled with effect from the earlier time,
(ii) the Secretary of State consents to the cancellation of the extension with effect from that time, and
(iii) the CMA publishes its decision to cancel the extension with effect from that time.
(8) An extension under subsection (4) shall continue in force until—
(a) the person concerned provides the information or documents to the satisfaction of the CMA or (as the case may be) appears as a witness in accordance with the requirements of the CMA; or
(b) the CMA publishes its decision to cancel the extension.
(9) This section is subject to sections 52 and 53.
(1) No extension is possible under subsection (3) or (4) of section 51 where the period within which the report is to be prepared and given to the Secretary of State is determined by virtue of subsection (2)(b) of that section.
(2) Where the period within which the report is to be prepared and given to the Secretary of State is determined by virtue of subsection (2)(a) of section 51, no extension is possible under subsection (3) or (4) of that section which extends that period beyond such period as is necessary to ensure compliance with article 9(6) of the European Merger Regulations.
(3) A period extended under any subsection of section 51 may also be extended under any other subsection of that section.
(4) No more than one extension is possible under section 51(3).
(5) Where a period within which a report under section 50 is to be prepared and given to the Secretary of State is extended or further extended under section 51(2A), (3) or (4), the period as extended or (as the case may be) further extended shall, subject to subsections (6) and (7), be calculated by taking the period being extended and adding to it the period of the extension (whether or not those periods overlap in time).
(6) Subsection (7) applies where—
(a) the period within which the report under section 50 is to be prepared and given to the Secretary of State is further extended;
(b) the further extension and at least one previous extension is made under section 51(4); and
(c) the same days or fractions of days are included in or comprise the further extension and are included in or comprise at least one such previous extension.
(7) In calculating the period of the further extension, any days or fractions of days of the kind mentioned in subsection (6)(c) shall be disregarded.
(8) The Secretary of State may by order amend section 51 so as to alter any one or more of the following periods—
(a) the period of 24 weeks mentioned in subsection (1) of that section or any period for the time being mentioned in that subsection in substitution for that period;
(b) the period of 24 weeks mentioned in subsection (2)(a) of that section or any period for the time being mentioned in that subsection in substitution for that period;
(c) the period of 8 weeks mentioned in subsection (3) of that section or any period for the time being mentioned in that subsection in substitution for that period.
(9) No alteration shall be made by virtue of subsection (8) which results in the period for the time being mentioned in subsection (1) or (2)(a) of section 51 exceeding 24 weeks or the period for the time being mentioned in subsection (3) of that section exceeding 8 weeks.
(10) An order under subsection (8) shall not affect any period of time within which the CMA is under a duty to prepare and give to the Secretary of State its report under section 50 in relation to a reference under section 45 if the CMA is already under that duty in relation to that reference when the order is made.
(11) Before making an order under subsection (8) the Secretary of State shall consult the CMA and such other persons as he considers appropriate.
(12) The Secretary of State may make regulations for the purposes of section 51(8).
(13) The regulations may, in particular—
(a) provide for the time at which information or documents are to be treated as provided (including the time at which they are to be treated as provided to the satisfaction of the CMA for the purposes of section 51(8));
(b) provide for the time at which a person is to be treated as appearing as a witness (including the time at which he is to be treated as appearing as a witness in accordance with the requirements of the CMA for the purposes of section 51(8));
(c) provide for the persons carrying on the enterprises which have or may have ceased to be, or may cease to be, distinct enterprises to be informed, in circumstances in which section 51(8) applies, of the fact that—
(i) the CMA is satisfied as to the provision of the information or documents required by it; or
(ii) the person concerned has appeared as a witness in accordance with the requirements of the CMA;
(d) provide for the persons carrying on the enterprises which have or may have ceased to be, or may cease to be, distinct enterprises to be informed, in circumstances in which section 51(8) applies, of the time at which the CMA is to be treated as satisfied as mentioned in paragraph (c)(i) above or the person concerned is to be treated as having appeared as mentioned in paragraph (c)(ii) above.
53 Restrictions on action where public interest considerations not finalised
(1) The CMA shall cancel a reference under section 45 if—
(a) the intervention notice concerned mentions a public interest consideration which was not finalised on the giving of that notice or public interest considerations which, at that time, were not finalised;
(b) no other public interest consideration is mentioned in the notice;
(c) at least 24 weeks has elapsed since the giving of the notice; and
(d) the public interest consideration mentioned in the notice has not been finalised within that period of 24 weeks or (as the case may be) none of the public interest considerations mentioned in the notice has been finalised within that period of 24 weeks.
(2) Where a reference ... under section 45 specifies a public interest consideration which has not been finalised before the making of the reference, the CMA shall not give its report to the Secretary of State under section 50 in relation to that reference unless—
(a) the period of 24 weeks beginning with the giving of the intervention notice concerned has expired; or
(b) the public interest consideration concerned has been finalised; or
(c) the report must be given to the Secretary of State to ensure compliance with article 9(6) of the European Merger Regulations.
(3) The CMA shall, in reporting on any of the questions mentioned in section 47(2)(b), (3), (5)(b), (6) and (7), disregard any public interest consideration which has not been finalised before the giving of the report.
(4) The CMA shall, in reporting on any of the questions mentioned in section 47(2)(b), (3), (5)(b), (6) and (7), disregard any public interest consideration which was not finalised on the giving of the intervention notice concerned and has not been finalised within the period of 24 weeks beginning with the giving of the notice concerned.
(5) Subsections (1) to (4) are without prejudice to the power of the CMA to carry out investigations in relation to any public interest consideration to which it might be able to have regard in its report.
54 Decision of Secretary of State in public interest cases
(1) Subsection (2) applies where the Secretary of State has received a report of the CMA under section 50 in relation to a relevant merger situation.
(2) The Secretary of State shall decide whether to make an adverse public interest finding in relation to the relevant merger situation and whether to make no finding at all in the matter.
(3) For the purposes of this Part the Secretary of State makes an adverse public interest finding in relation to a relevant merger situation if, in relation to that situation, he decides—
(a) in connection with a reference ... under subsection (2) of section 45, that it is the case as mentioned in paragraphs (a) to (d) of that subsection or subsection (3) of that section;
(b) in connection with a reference ... under subsection (3) of that section, that it is the case as mentioned in paragraphs (a) to (d) of that subsection;
(c) in connection with a reference ... under subsection (4) of that section, that it is the case as mentioned in paragraphs (a) to (d) of that subsection or subsection (5) of that section; and
(d) in connection with a reference ... under subsection (5) of that section, that it is the case as mentioned in paragraphs (a) to (d) of that subsection.
(4) The Secretary of State may make no finding at all in the matter only if he decides that there is no public interest consideration which is relevant to a consideration of the relevant merger situation concerned.
(5) The Secretary of State shall make and publish his decision under subsection (2) within the period of 30 working days beginning with the receipt of the report of the CMA under section 50.
(6) In making a decision under subsections (2) to (4), the Secretary of State shall disregard any public interest consideration not specified in the reference under section 45 and any public interest consideration disregarded by the CMA for the purposes of its report.
(7) In deciding whether to make an adverse public interest finding under subsection (2), the Secretary of State shall accept—
(a) in connection with a reference ... under section 45(2) or (4), the decision of the report of the CMA under section 50 as to whether there is an anti-competitive outcome; and
(b) in connection with a reference ... under section 45(3) or (5)—
(i) the decision of the report of the CMA under section 50 as to whether a relevant merger situation has been created or (as the case may be) arrangements are in progress or in contemplation which, if carried into effect, will result in the creation of a relevant merger situation; and
(ii) the decision of the report of the CMA under section 44 as to the absence of a substantial lessening of competition.
(8) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(1) Subsection (2) applies where the Secretary of State has decided under subsection (2) of section 54 within the period required by subsection (5) of that section to make an adverse public interest finding in relation to a relevant merger situation and has published his decision within the period so required.
(2) The Secretary of State may take such action under paragraph 9 or 11 of Schedule 7 as he considers to be reasonable and practicable to remedy, mitigate or prevent any of the effects adverse to the public interest which have resulted from, or may be expected to result from, the creation of the relevant merger situation concerned.
(3) In making a decision under subsection (2) the Secretary of State shall, in particular, have regard to the report of the CMA under section 50.
(4) In making a decision under subsection (2) in any case of a substantial lessening of competition, the Secretary of State may, in particular, have regard to the effect of any action on any relevant customer benefits in relation to the creation of the relevant merger situation concerned.
56 Competition cases where intervention on public interest grounds ceases
(1) Where the Secretary of State decides not to make a reference under section 45 on the ground that no public interest consideration to which he is able to have regard is relevant to a consideration of the relevant merger situation concerned, he shall by notice require the CMA to deal with the matter otherwise than under this Chapter.
(2) Where a notice is given to the CMA in the circumstances mentioned in subsection (1), the CMA shall decide whether to make a reference under section 22 , 33, 68B or 68C; and any time-limits in relation to the Secretary of State’s decision whether to make a reference under section 45 (including any remaining powers of extension) shall apply in relation to the decision of the CMA whether to make a reference under section 22 , 33, 68B or 68C.
(3) Where the CMA cancels under section 53(1) a reference under section 45 and its report under section 44 contains the decision that it is or may be the case that there is an anti-competitive outcome in relation to the relevant merger situation concerned, the CMA shall proceed under this Part as if a reference under section 22 or (as the case may be) 33 had been made ....
(4) In proceeding by virtue of subsection (3) to prepare and publish a report under section 38, the CMA shall proceed as if—
(a) the reference under section 22 or 33 had been made at the same time as the reference under section 45;
(b) the timetable for preparing and giving its report under section 50 (including any remaining powers of extension and as extended by an additional period of 20 working days) were the timetable for preparing and publishing its report under section 38; and
(c) in relation to the question whether a relevant merger situation has been created or the question whether arrangements are in progress or in contemplation which, if carried into effect, will result in the creation of a relevant merger situation, the CMA were confined to the questions on the subject to be investigated by it under section 47.
(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(6) Where the Secretary of State decides under section 54(2) to make no finding at all in the matter in connection with a reference under section 45(2) or (4), the CMA shall proceed under this Part as if a reference under section 22 or (as the case may be) 33 had been made ... instead of a reference under section 45 and as if its report to the Secretary of State under section 50 had been prepared and published by it under section 38 within the period permitted by section 39.
(7) In relation to proceedings by virtue of subsection (6), the reference in section 41(3) to decisions of the CMA as included in its report by virtue of section 35(3) or 36(2) shall be construed as a reference to decisions which were included in the report of the CMA by virtue of section 47(8).
(8) Where the CMA becomes under a duty to proceed as mentioned in subsection (3) or (6)—
(a) references in this Part to references under sections 22 and 33 shall, so far as may be necessary, be construed accordingly; and, in particular, sections 77 to 81 shall apply as if a reference has been made ... under section 22 or (as the case may be) 33; and
(b) for the purposes of section 34C, the group constituted in consequence of the reference under section 45 is to be treated as if it were constituted in consequence of a reference under section 22 or (as the case may be) 33.
57 Duties of CMA and OFCOM to inform Secretary of State
(1) The CMA shall, in considering whether to make a reference under section 22, 33, 68B or 68C, bring to the attention of the Secretary of State any case which it believes raises any consideration specified in section 58 unless it believes that the Secretary of State would consider any such consideration immaterial in the context of the particular case.
(2) The CMA and OFCOM shall bring to the attention of the Secretary of State any representations about exercising his powers under section 58(3) which have been made to the CMA or (as the case may be) OFCOM.
(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2A) The need for—
(a) accurate presentation of news; and
(b) free expression of opinion;
in news media is specified in this section.
(2B) The need for, to the extent that it is reasonable and practicable, a sufficient plurality of views in news media in each market for news media in the United Kingdom or a part of the United Kingdom is specified in this section.
(2C) The following are specified in this section—
(a) the need, in relation to every different audience in the United Kingdom or in a particular area or locality of the United Kingdom, for there to be a sufficient plurality of persons with control of the media enterprises serving that audience;
(b) the need for the availability throughout the United Kingdom of a wide range of broadcasting which (taken as a whole) is both of high quality and calculated to appeal to a wide variety of tastes and interests; and
(c) the need for persons carrying on enterprises consisting in or involving broadcasting, and for those with control of such enterprises, to have a genuine commitment to the attainment in relation to broadcasting of the standards objectives set out in section 319 of the Communications Act 2003.
(2D) The interest of maintaining the stability of the UK financial system is specified in this section ....
(2E) The need to maintain in the United Kingdom the capability to combat, and to mitigate the effects of, public health emergencies is specified in this section.
(2EA) The need to maintain in the United Kingdom the continuity of the supply of telecommunications services for the purposes of preventing disruption to the economy and society of the United Kingdom, including, in particular, disruption to—
(a) public services;
(b) critical national infrastructure;
(c) supply to customers who are or may be vulnerable,
is specified in this section.
(2F) In this Part, “news media” means—
(a) newspapers; or
(b) news programmes.
(2G) In this Part, “news programme” means a programme—
(a) consisting of, or including, news-related material; and
(b) included in broadcasting.
(2H) For the purposes of subsection (2G)—
(a) “news-related material” includes—
(i) news or information about current affairs; and
(ii) opinion about matters relating to the news and current affairs;
(b) a programme is not to be treated as consisting of, or including, news-related material if the news-related material contained in the programme—
(i) is included only incidentally to the main content of the programme; or
(ii) relates wholly to a particular pastime, hobby, trade, business, industry or profession.
(3) The Secretary of State may by order modify this section for the purpose of specifying in this section a new consideration or removing or amending any consideration which is for the time being specified in this section.
(4) An order under this section may, in particular—
(a) provide for a consideration to be specified in this section for a particular purpose or purposes or for all purposes;
(b) apply in relation to cases under consideration by the CMA, OFCOM or the Secretary of State before the making of the order as well as cases under consideration on or after the making of the order.
58A Construction of consideration specified in section 58(2C)
(1) For the purposes of this Part an enterprise is a media enterprise if it consists in or involves broadcasting or is a newspaper enterprise.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) In this Part “newspaper enterprise” means an enterprise consisting in or involving the supply of newspapers.
(4) Wherever in a merger situation two media enterprises serving the same audience cease to be distinct, the number of such enterprises serving that audience shall be assumed to be more immediately before they cease to be distinct than it is afterwards.
(5) For the purposes of section 58, where two or more media enterprises—
(a) would fall to be treated as under common ownership or common control for the purposes of section 26, or
(b) are otherwise in the same ownership or under the same control,
they shall be treated (subject to subsection (4)) as all under the control of only one person.
(6) A reference in section 58 or this section to an audience shall be construed in relation to a media enterprise in whichever of the following ways the decision-making authority considers appropriate—
(a) as a reference to any one of the audiences served by that enterprise, taking them separately;
(b) as a reference to all the audiences served by that enterprise, taking them together;
(c) as a reference to a number of those audiences taken together in such group as the decision-making authority considers appropriate; or
(d) as a reference to a part of anything that could be taken to be an audience under any of paragraphs (a) to (c) above.
(7) The criteria for deciding who can be treated for the purposes of this section as comprised in an audience, or as comprised in an audience served by a particular service—
(a) shall be such as the decision-making authority considers appropriate in the circumstances of the case; and
(b) may allow for persons to be treated as members of an audience if they are only potentially members of it.
(8) In this section “audience” includes readership.
(9) The power under subsection (3) of section 58 to modify that section includes power to modify this section.
59 Intervention by Secretary of State in special public interest cases
(1) Subsection (2) applies where the Secretary of State has reasonable grounds for suspecting that it is or may be the case that a special merger situation has been created or arrangements are in progress or in contemplation which, if carried into effect, will result in the creation of a special merger situation.
(2) The Secretary of State may give a notice to the CMA (in this Part “a special intervention notice”) if he believes that it is or may be the case that one or more than one consideration specified in section 58 is relevant to a consideration of the special merger situation concerned.
(3) For the purposes of this Part, a special merger situation has been created if—
(a) two or more enterprises have ceased to be distinct enterprises at a time or in circumstances falling within section 24;
(b) no relevant merger situation has been created; and
(c) immediately before the enterprises concerned ceased to be distinct, one or more of the conditions mentioned in subsections (3C) to (3F) were satisfied.
(3B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3C) The condition mentioned in this subsection is that, in relation to the supply of newspapers of any description, at least one-quarter of all the newspapers of that description which were supplied in the United Kingdom, or in a substantial part of the United Kingdom, were supplied by the person or persons by whom one of the enterprises concerned was carried on.
(3D) The condition mentioned in this subsection is that, in relation to the provision of broadcasting of any description, at least one-quarter of all broadcasting of that description provided in the United Kingdom, or in a substantial part of the United Kingdom, was provided by the person or persons by whom one of the enterprises concerned was carried on.
(3E) The condition mentioned in this subsection is that a relevant merger situation would have been created if, in subsection (1) of section 23—
(a) the “and” at the end of paragraph (a) were omitted;
(b) for paragraph (b) there were substituted—
(b) one of the enterprises concerned is a media enterprise ...; and
;
(c) after that paragraph there were inserted—
(c) the value of the turnover in the United Kingdom of the enterprise being taken over exceeds £70 million.
(3F) The condition mentioned in this subsection is that a relevant merger situation would have been created if, for section 23(2)(c), there were substituted—
(c) one of the enterprises concerned is a media enterprise ....
(5) For the purposes of deciding whether two or more enterprises have ceased to be distinct at a time or in circumstances falling within section 24, whether a relevant merger situation has been created or whether arrangements are in progress or in contemplation which, if carried into effect, will result in the creation of a relevant merger situation, sections 23 to 30 (read together with section 34) shall apply for the purposes of this Chapter as they do for the purposes of Chapter 1 but subject to subsection (6).
(6) In their application by virtue of subsection (5) sections 23 to 30 shall have effect as if—
(a) for paragraph (a) of section 23(9) there were substituted—
(a) in relation to the giving of a special intervention notice, the time when the notice is given;
(aa) in relation to the making of a report by the CMA under section 61, the time of the making of the report;
(ab) in the case of a reference which is treated as having been made under section 62(2) by virtue of section 64(2), such time as the CMA may determine; and
;
(b) the references to the CMA in section 24(2)(a) and (b) included references to the Secretary of State;
(c) the references to the CMA in section 25(1) to (3) ... included references to the Secretary of State;
(d) the references to the CMA in section 25(4) and (5) were references to the Secretary of State;
(e) the reference in section 25(4) to section 73 were a reference to paragraph 3 of Schedule 7;
(f) the reference in section 25(12) to one extension were a reference to one extension by the CMA and one extension by the Secretary of State;
(g) the powers to extend time-limits under section 25 as applied by subsection (5) above ... were not exercisable by the CMA or the Secretary of State before the giving of a special intervention notice;
(h) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(i) in the case of the giving of special intervention notices, the references in sections 23 to 30 to the making of a reference or a reference were, so far as necessary, references to the giving of a special intervention notice or a special intervention notice; ...
(j) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(6A) The Secretary of State may by order —
(a) substitute a new sum for the sum for the time being mentioned in subsection (3E)(c);
(b) amend the conditions mentioned in subsections (3C), (3D), (3E)(b) and (3F).
(7) No more than one special intervention notice shall be given under subsection (2) in relation to the same special merger situation.
(8) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(9) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
59A Construction of conditions in section 59(3C) and (3D)
(1) For the purpose of deciding whether the proportion of one-quarter mentioned in section 59(3C) or (3D) is fulfilled with respect to—
(a) newspapers of any description, or
(b) broadcasting of any description,
the decision-making authority shall apply such criterion (whether value, cost, price, quantity, capacity, number of workers employed or some other criterion, of whatever nature), or such combination of criteria, as the decision-making authority considers appropriate.
(2) References in section 59(3C) to the supply of newspapers shall, in relation to newspapers of any description which are the subject of different forms of supply, be construed in whichever of the following ways the decision-making authority considers appropriate—
(a) as references to any of those forms of supply taken separately;
(b) as references to all those forms of supply taken together; or
(c) as references to any of those forms of supply taken in groups.
(3) For the purposes of subsection (2) the decision-making authority may treat newspapers as being the subject of different forms of supply whenever—
(a) the transactions concerned differ as to their nature, their parties, their terms or their surrounding circumstances; and
(b) the difference is one which, in the opinion of the decision-making authority, ought for the purposes of that subsection to be treated as a material difference.
(4) References in section 59(3D) to the provision of broadcasting shall, in relation to broadcasting of any description which is the subject of different forms of provision, be construed in whichever of the following ways the decision-making authority considers appropriate—
(a) as references to any of those forms of provision taken separately;
(b) as references to all those forms of provision taken together; or
(c) as references to any of those forms of provision taken in groups.
(5) For the purposes of subsection (4) the decision-making authority may treat broadcasting as being the subject of different forms of provision whenever—
(a) the transactions concerned differ as to their nature, their parties, their terms or their surrounding circumstances; and
(b) the difference is one which, in the opinion of the decision-making authority, ought for the purposes of that subsection to be treated as a material difference.
(6) The criteria for deciding when newspapers or broadcasting can be treated, for the purposes of section 59, as newspapers or broadcasting of a separate description shall be such as in any particular case the decision-making authority considers appropriate in the circumstances of that case.
(7) In section 59 and this section “provision” and cognate expressions have the same meaning in relation to broadcasting as in Part 3 of the Communications Act 2003; but this subsection is subject to subsections (4) and (5) of this section.