{"id":81522,"date":"2017-06-13T13:01:15","date_gmt":"2017-06-13T13:01:15","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=47c02c881853073652e347e1fa549a26"},"modified":"2017-06-13T13:01:15","modified_gmt":"2017-06-13T13:01:15","slug":"news-story-cma-accepts-gyms-merger-undertakings","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=81522","title":{"rendered":"News story: CMA accepts gyms merger undertakings"},"content":{"rendered":"<div class=\"govspeak\">\n<p>Last month, the Competition and Markets Authority (CMA) <a href=\"https:\/\/www.gov.uk\/government\/news\/gyms-merger-has-chance-to-avoid-in-depth-investigation\">found competition concerns in these 2 locations<\/a> because the companies\u2019 gyms are situated close to each other and would face limited competition from other operators after the acquisition.<\/p>\n<p>The CMA was concerned that the purchase could have resulted in higher prices or a worse deal for gym users in these areas. David Lloyd proposed not to purchase these gyms, which will instead remain under Virgin Active ownership.<\/p>\n<p>David Lloyd originally proposed to purchase 16 Virgin Active gyms in total. The CMA has found no competition concerns in the other areas affected.<\/p>\n<p>After consulting formally, the CMA believes the concerns have been addressed and has accepted these proposals.<\/p>\n<p>All information relating to this investigation can be found on the <a href=\"https:\/\/www.gov.uk\/cma-cases\/david-lloyd-clubs-virgin-active-gyms-merger-inquiry\">case page<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The CMA has accepted proposals by David Lloyd to resolve concerns over its proposed purchase of Virgin Active gyms in Brighton and Brentwood.<\/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\/81522"}],"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=81522"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/81522\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=81522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=81522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=81522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}