Section 70B Investigation and report by the CMA

(1)

F1Where the Secretary of State gives the CMA a foreign state intervention notice, the CMA must, within such period as the Secretary of State may require, give the Secretary of State a report in relation to the case.

(2)

The report must include—

(a)

a summary of representations relevant to the case that have been received by the CMA, and

(b)

a decision as to whether the CMA believes that—

(i)

a foreign state newspaper merger situation has been created, or

(ii)

arrangements are in progress or in contemplation which, if carried into effect, will result in the creation of a foreign state newspaper merger situation.

(3)

The CMA must carry out such investigations as it considers appropriate for the purposes of producing a report under this section.

(4)

For the purposes of its investigation the CMA must invite representations from the enterprises concerned in the case.

Annotations

Textual amendments

F1: Pt. 3 Ch. 3A inserted (24.5.2024) by Digital Markets, Competition and Consumers Act 2024 (c. 13), s. 339(2)(a), Sch. 7 para. 2 (with s. 130(2)(3))