{"id":81280,"date":"2017-05-19T10:08:49","date_gmt":"2017-05-19T10:08:49","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=0584d8ae1a29e8853e4c4751cbb18d3f"},"modified":"2017-05-19T10:08:49","modified_gmt":"2017-05-19T10:08:49","slug":"news-story-gyms-merger-has-chance-to-avoid-in-depth-investigation","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=81280","title":{"rendered":"News story: Gyms merger has chance to avoid in-depth investigation"},"content":{"rendered":"<div class=\"govspeak\">\n<p>Following an <a href=\"https:\/\/www.gov.uk\/cma-cases\/david-lloyd-clubs-virgin-active-gyms-merger-inquiry\">initial investigation into the merger<\/a>, the Competition and Markets Authority (CMA) has found that the 2 Virgin Active gyms in these areas compete closely with the nearby David Lloyd gyms, and would face limited competition from other operators after the merger.<\/p>\n<p>The CMA is concerned that this loss of competition could result in higher prices or worse deals being offered to gym users in these areas.<\/p>\n<p>It is therefore going to refer the merger for an in-depth phase 2 investigation by an independent group of CMA panel members unless David Lloyd is able to offer proposals that resolve the competition concerns by 26 May 2017.<\/p>\n<p>In the other areas affected, the CMA has found no competition concerns from the merger.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>David Lloyd must resolve concerns in Brighton and Brentwood to avoid further investigation of its purchase of 16 Virgin Active gyms.<\/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\/81280"}],"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=81280"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/81280\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=81280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=81280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=81280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}