Mergers Intelligence and Hold Separate Orders

In episode 2 of Navigating UK Merger Control, the team speak with Eleni Gouliou, a Director of Mergers at the CMA, to discuss the CMA's merger intelligence function and its so-called hold separate orders, also known as initial enforcement orders.

They discuss when a merger is of interest to the CMA, how the merger intelligence function gathers information, and the briefing paper system which allows merging parties to get an informal steer on the CMA's view of their transaction without the need for a full filing. The CMA’s unique initial enforcement order system, where the CMA can order that parties to completed deals are held separate pending review, is also covered.

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