{"id":77937,"date":"2017-01-12T15:00:40","date_gmt":"2017-01-12T15:00:40","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=80bcae81c9503aef15e1e982248e189f"},"modified":"2017-01-12T15:00:40","modified_gmt":"2017-01-12T15:00:40","slug":"press-release-cma-clears-vtechleapfrog-merger","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=77937","title":{"rendered":"Press release: CMA clears VTech\/LeapFrog merger"},"content":{"rendered":"<div class=\"govspeak\">\n<p>The companies are 2 of the leading suppliers of learning toys, child tablets and content in the UK. An in-depth investigation by a group of independent Competition and Markets Authority (<abbr title=\"Competition and Markets Authority\">CMA<\/abbr>) panel members has confirmed that the merger may not be expected to result in a substantial lessening of competition.<\/p>\n<p>The <abbr title=\"Competition and Markets Authority\">CMA<\/abbr> published its provisional decision <a href=\"https:\/\/www.gov.uk\/government\/news\/cma-provisionally-clears-merger-of-toy-companies\">to clear the merger in December<\/a>.<\/p>\n<p>The group found that while the companies are close competitors in the supply of learning toys for 0 to 5 year olds, there are numerous other credible suppliers in the sector, and VTech and LeapFrog were not each other\u2019s closest competitor. The group also found that the market for child tablets and content is evolving rapidly, with new entrants and an increasing number of alternatives available for child-appropriate content on electronic devices.<\/p>\n<p>Philip Marsden, Inquiry Chair, said:<\/p>\n<blockquote>\n<p class=\"last-child\">We looked carefully at competition in the evolving and innovative toy industry, and in particular at learning toys and child tablets. Having consulted on our provisional findings, we are still satisfied that even after the merger there will be a sufficient variety of learning toys for 0 to 5 year olds available, and an increasing choice available for people who want to buy electronic devices and content suitable for children.<\/p>\n<\/blockquote>\n<p>The final report and all information relating to this merger inquiry can be found on the <a href=\"https:\/\/www.gov.uk\/cma-cases\/vtech-leapfrog-merger-inquiry\">case page<\/a>.<\/p>\n<h3 id=\"notes-for-editors\">Notes for editors<\/h3>\n<ol>\n<li>The <abbr title=\"Competition and Markets Authority\">CMA<\/abbr> is the UK\u2019s primary competition and consumer authority. It is an independent non-ministerial government department with responsibility for carrying out investigations into mergers, markets and the regulated industries and enforcing competition and consumer law.<\/li>\n<li>The <abbr title=\"Competition and Markets Authority\">CMA<\/abbr> began its initial investigation into the merger in April 2016. The <abbr title=\"Competition and Markets Authority\">CMA<\/abbr> <a href=\"https:\/\/www.gov.uk\/government\/news\/merger-of-toy-suppliers-referred-for-in-depth-investigation\">referred the case for in-depth investigation<\/a> on 30 August 2016 and published its provisional findings on 9 December 2016.<\/li>\n<li>The members of the inquiry group are: <a href=\"https:\/\/www.gov.uk\/government\/publications\/cma-panel-member-biographies-and-disclosures-of-interest\/inquiry-chairs-biographies#professor-philip-marsden\">Philip Marsden<\/a> (Inquiry Chair), <a href=\"https:\/\/www.gov.uk\/government\/publications\/cma-panel-member-biographies-and-disclosures-of-interest\/panel-members-biographies#lesley-ainsworth\">Lesley Ainsworth<\/a>, <a href=\"https:\/\/www.gov.uk\/government\/publications\/cma-panel-member-biographies-and-disclosures-of-interest\/panel-members-biographies#graham-sharp\">Graham Sharp<\/a> and <a href=\"https:\/\/www.gov.uk\/government\/publications\/cma-panel-member-biographies-and-disclosures-of-interest\/panel-members-biographies#jon-stern\">Jon Stern<\/a>.<\/li>\n<li>All the <abbr title=\"Competition and Markets Authority\">CMA<\/abbr>\u2019s functions in phase 2 merger inquiries are performed by independent inquiry groups chosen from the <abbr title=\"Competition and Markets Authority\">CMA<\/abbr>\u2019s panel members. The appointed inquiry group are the decision-makers on phase 2 inquiries.<\/li>\n<li>The <abbr title=\"Competition and Markets Authority\">CMA<\/abbr>\u2019s panel members come from a variety of backgrounds, including economics, law, accountancy and\/or business; the membership of an inquiry group usually reflects a mix of expertise and experience.<\/li>\n<li>For more information on the <abbr title=\"Competition and Markets Authority\">CMA<\/abbr> see our <a href=\"https:\/\/www.gov.uk\/government\/organisations\/competition-and-markets-authority\">homepage<\/a> or follow us on Twitter <a rel=\"external\" href=\"https:\/\/twitter.com\/CMAgovUK\">@CMAgovuk<\/a>, <a rel=\"external\" href=\"https:\/\/www.flickr.com\/photos\/cma-gov-uk\/\">Flickr<\/a> and <a rel=\"external\" href=\"https:\/\/www.linkedin.com\/company\/3352301?trk=tyah&amp;trkInfo=tas%3ACompetition%20and%20Markets%20Authority\">LinkedIn<\/a> and like our <a rel=\"external\" href=\"https:\/\/www.facebook.com\/CMAgovUK\/?fref=ts\">Facebook<\/a> page. Sign up to our <a href=\"https:\/\/www.gov.uk\/cma-cases\/email-signup\">email alerts<\/a> to receive updates on mergers cases.<\/li>\n<li>Media enquiries should be directed to Rebecca Cassar (<a href=\"mailto:rebecca.cassar@cma.gsi.gov.uk\">rebecca.cassar@cma.gsi.gov.uk<\/a>, 020 3738 6633).<\/li>\n<\/ol>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The CMA has formally cleared the merger of children\u2019s toymakers VTech and LeapFrog.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/77937"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=77937"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/77937\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=77937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=77937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=77937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}