{"id":90477,"date":"2018-03-28T10:00:34","date_gmt":"2018-03-28T10:00:34","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=1d66864383cf5df37bc9f5b0aceaace6"},"modified":"2018-03-28T10:00:34","modified_gmt":"2018-03-28T10:00:34","slug":"news-story-cma-tightens-its-approach-to-requests-for-internal-documents","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=90477","title":{"rendered":"News story: CMA tightens its approach to requests for internal documents"},"content":{"rendered":"<div class=\"govspeak\">\n<p>The Competition and Markets Authority (<abbr title=\"Competition and Markets Authority\">CMA<\/abbr>) is asking for comments from businesses and their legal representatives on guidance that explains when the <abbr title=\"Competition and Markets Authority\">CMA<\/abbr> is likely to ask merging businesses to provide internal documents, and how they will be expected to respond. It also makes clear that the <abbr title=\"Competition and Markets Authority\">CMA<\/abbr> is likely to use its compulsory information gathering powers as standard in future where internal documents are requested in merger investigations.<\/p>\n<p>The guidance sets out a general tightening-up of the <abbr title=\"Competition and Markets Authority\">CMA<\/abbr>\u2019s approach, and provides guidance on what steps businesses should take to respond to requests for internal documents fully and accurately. The more consistent use of the <abbr title=\"Competition and Markets Authority\">CMA<\/abbr>\u2019s compulsory powers will help it to fine businesses where they fail to respond to requests without a reasonable excuse. These changes are designed to address concerns in some recent cases where businesses had failed to provide all the information requested, or provided it slowly.<\/p>\n<p>It is also intends to provide further clarity about the <abbr title=\"Competition and Markets Authority\">CMA<\/abbr>\u2019s likely approach, helping businesses that are considering transactions to plan more effectively for the merger review process.<\/p>\n<p>The <a href=\"https:\/\/www.gov.uk\/government\/consultations\/draft-guidance-on-requests-for-internal-documents-in-merger-investigations\">consultation and draft guidance<\/a> is available for comment until 25 April 2018.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The CMA is calling for views on new guidance about how it requests businesses\u2019 internal documents in merger investigations.<\/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\/90477"}],"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=90477"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/90477\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=90477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=90477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=90477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}