{"id":81400,"date":"2017-06-01T11:04:05","date_gmt":"2017-06-01T11:04:05","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=66e4f96ad56b827d2d62f4bf637dc822"},"modified":"2017-06-01T11:04:05","modified_gmt":"2017-06-01T11:04:05","slug":"news-story-cma-considers-undertakings-in-autodatasolera-merger","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=81400","title":{"rendered":"News story: CMA considers undertakings in Autodata\/Solera merger"},"content":{"rendered":"<div class=\"govspeak\">\n<p>The companies supply vehicle repair and maintenance information (<abbr title=\"repair and maintenance information\">RMI<\/abbr>) platforms  across the UK, which give access to digital data and are mainly used by workshops and other repairers to diagnose, service and repair vehicles.<\/p>\n<p>On 26 January 2017, Solera Holdings Inc. acquired the ultimate holding company of Autodata Publishing Group Limited.<\/p>\n<p>The Competition and Markets Authority (<abbr title=\"Competition and Markets Authority\">CMA<\/abbr>) subsequently conducted an investigation into this acquisition and found competition concerns, should the merger be allowed to proceed.<\/p>\n<p>This was due to the fact the companies are the 2 main suppliers of these platforms in the UK and compete closely with each other. Other suppliers face significant barriers to entry and expansion in the UK.<\/p>\n<p>Solera has since offered to overcome these concerns by selling its <abbr title=\"repair and maintenance information\">RMI<\/abbr> platform in the UK, E3 Technical (which is part of CarweB), to a buyer approved in advance by the <abbr title=\"Competition and Markets Authority\">CMA<\/abbr>.  It has also offered to provide transitional support to the buyer of the divested business.<\/p>\n<p>The <abbr title=\"Competition and Markets Authority\">CMA<\/abbr> considers there are reasonable grounds for believing the undertakings offered, or a modified version of them, might be acceptable, and will open a public consultation on the undertakings in due course.<\/p>\n<p>The <abbr title=\"Competition and Markets Authority\">CMA<\/abbr> has until 27 July to consider whether to accept the undertakings, or a modified version of them, with the possibility of extending this deadline to 22 September 2017 if there are special reasons for doing so.<\/p>\n<p>All information relating to the investigation is available on the <a href=\"https:\/\/www.gov.uk\/cma-cases\/solera-emperor-1-merger-inquiry\">case page<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The CMA is considering proposals from Solera to overcome competition concerns regarding its purchase of Autodata.<\/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\/81400"}],"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=81400"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/81400\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=81400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=81400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=81400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}