We are pleased to share the third edition of our CMA Merger Watch, published by the Ashurst Perkins Coie Competition and Economics Team. The update provides a clear, practical overview of recent UK merger control activity and policy developments.
Whilst Q2 2026 saw only 4 new Phase 1 cases opened, the lowest level in more than 2 years, there have been a number of important decisions relating to care homes, food manufacturing and retail.
Highlights in this quarter's edition include:
Revised CMA analysis leads to unconditional Phase 2 clearance for bread merger (ABF / Hovis);
CMA refers Vandemoortele / Délifrance to Phase 2 after the parties were unable to submit an up-front buyer for CMA approval;
CMA recognises the importance of online constraints in travel agent mergers;
CMA requires remedies in care homes deal; and
CMA consults on revised approach to merger efficiencies.
Staying informed on UK Merger Control developments remains important given the pace of enforcement and ongoing changes at the CMA. If you have any questions about the issues covered, or would like to discuss any of the points, please do get in touch with your usual Ashurst Perkins Coie contact or any member of our team.
