Schedule 8, paragraph 10(6)

After subsection (3) insert— Where the CMA has, under section 154A, accepted an undertaking, or group of undertakings, in lieu of a report the CMA is not required by virtue of section 134 to make the decisions referred to in subsections (1) and (1A) of that section in relation to a feature, or features, to which the undertaking, or group of undertakings, relate. Accordingly, a report under section 136 is not required, and the duty under section 138 does not arise, if the CMA accepts an undertaking fully in lieu of a report. Instead, where the CMA accepts an undertaking fully in lieu of a report the CMA must prepare and publish a report containing— the CMA’s decision to accept the undertaking, the reasons for the decision, and such information as the CMA considers appropriate for facilitating a proper understanding of the decision and its reasons for the decision. For provision equivalent to subsection (6) in the case where the CMA accepts an undertaking partially in lieu of a report, see section 136(2)(aa).

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Source: legislation.gov.uk · retrieved 2026-07-30