News story: CMA accepts bowling remedy

This item was filled under Housing

On 1 September 2015, the Competition and Markets Authority (CMA) announced it would consider in detail the undertakings proposed by The Original Bowling Company Ltd (TOBC).

TOBC has offered to sell 6 ten-pin bowling centres to Essenden Limited, owner of Tenpin Limited, to remedy the competition concerns identified by the CMA during its phase 1 investigation. The 6 centres are in Bristol, Camberley, Cardiff, Dudley, Castleford and Glasgow.

As a result of the CMA’s acceptance of these undertakings, TOBC’s purchase will not be referred for an in-depth phase 2 investigation.

Before accepting the undertakings, the CMA carefully assessed and consulted publicly on the proposed undertakings, including on the suitability of Essenden Limited a proposed purchaser. The CMA is satisfied that the undertakings will resolve the competition concerns identified and that Essenden Limited as the agreed purchaser will operate the 6 ten-pin bowling centres in competition with TOBC’s retained ten-pin bowling centres.

The undertakings and all other information relating to this investigation can be found on the case page.

You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.