The Competition and Markets Authority (CMA) has opened an investigation into the proposed joint venture incorporating the poultry production of Cargill and Faccenda.
A Phase 1 inquiry has been opened by the regulator, which will consider the implications of a merger on competition within the market.
The first stage is an invitation for comment from any interested parties, with the deadline for comments being November 1. Following this the CMA will formally launch a merger inquiry.
A decision must be made by December 22 as to the outcome of this Phase 1 investigation.
In September Cargill and Faccenda announced that they would create a new joint venture that incorporated the poultry production of both businesses.
Full Content: Meat+Poultry
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
T-Mobile’s Acquisition of Ka’ena Corporation Receives FCC Approval
Apr 26, 2024 by
CPI
UK Regulator Announces Two New Senior Executive Appointments
Apr 26, 2024 by
CPI
Paramount Global and Skydance Media Near Merger Deal, Eyeing CEO Change
Apr 26, 2024 by
CPI
BHP Unveils £31bn Mining Megamerger Proposal with Anglo American
Apr 25, 2024 by
nhoch@pymnts.com
ByteDance Prefers Shutdown Over Sale of TikTok Amid US Ban Threats
Apr 25, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI