Section 68C(2)

The CMA may decide not to make a reference under this section if it believes that— the arrangements concerned are not sufficiently far advanced, or are not sufficiently likely to proceed, to justify the making of a reference, or any relevant customer benefits in relation to the creation of the relevant merger situation concerned outweigh the prejudice mentioned in subsection (1)(b).

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Source: legislation.gov.uk · retrieved 2026-09-04