UK Merger Insights: 2023 No. 5

Here’s a selection of some of the best articles I have read recently that are relevant to UK merger control………….

1. Spend, Spend, Spend

How much did the CMA spend on the first part of its investigation into the Microsoft/Activision merger? In this article, Justin Cash looks at the numbers.

2. The Dye Is Cast

Ben Lask and Thomas Sebastian consider here the CAT decision regarding the Dye and Durham merger.

3. What Is ‘Dynamic Competition’?

Andrew Swan and colleagues discuss the matter here.

4. More Hype Than Reality?

In this paper Marc Ivaldi and colleagues examine whether so-called killer acquistions are as common or problematic as merger control authorities seem to think.

5. Rarity Value

Here Stephen Smith and colleagues present a rarity – a balanced assessment of the long-running Microsoft/Activision saga. Do let me know if you’ve spotted others.

6. Tougher Than The CMA

Nicole Kar and colleagues look here at the Bookings/Etraveli case, cleared by the CMA but prohibited by the EC.

Strange that noone has been moaning about the ‘divergence’ between the two agencies in this case, unlike other ‘divergent’ examples. I wonder why. Thoughts?

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