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Thursday 12 May, 2022

Competition and Mkts

Merger Update: NEC / SSS

RNS Number : 1505L
Competition and Markets Authority
12 May 2022
 

 

 

Merger reference decision announced:

 

On 29 April 2022, the CMA decided that it was or may be the case that the following Merger has resulted or may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom.

 

Completed acquisition by NEC Software Solutions UK Limited of SSS Public Safety Limited and Secure Solutions USA LLC

 

Pursuant to section 73A(1) of the Act, the Acquirer had until 9 May 2022 to offer an undertaking to the CMA that might be accepted by the CMA under section 73(2) of the Enterprise Act 2004 (the Act). On 9 May 2022 the Acquirer informed the CMA that it would not be offering any undertakings. The CMA has therefore decided to refer this Merger for a phase 2 investigation pursuant to sections 22(1) and 34ZA(2) of the Act.

 

The text of this decision will be placed on the Competition and Markets Authority's website at https://www.gov.uk/cma-cases as soon as is reasonably practicable.

 

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