RSS   Newsletter   Contact   Advertise with us

CMA not satisfied with VTech's lack of answers

Staff Writer | August 31, 2016
On August 18, the Competition and Markets Authority (CMA) announced that it would refer the merger for an in-depth investigation of VTech and LeapFrog.
LeapFrog
Merger   The CMA gave VTech until August 25
The CMA sais it woul reer the merger unless VTech offered acceptable undertakings to address the CMA’s competition concerns regarding the supply of toddler electronic learning toys, child laptops/tablets and child electronic reading systems in the UK.

The CMA gave VTech until August 25 to offer proposals to address the CMA’s competition concerns in lieu of a reference. As VTech has not offered any undertakings, the CMA will therefore now refer the merger.

A decision on the merger will be made by a group of independent panel members supported by a case team of CMA staff. The deadline for the final report will be 13 February 2017.


 

MORE INSIDE POST