4 ms·
How come the UK has the ability to block two American companies from merging? Why can't they just ignore the CMA?
by Laaas 3y ago
How come the UK has the ability to block two American companies from merging? Why can't they just ignore the CMA?
- kmlx 3y ago> If the merging parties were to ignore the CMA's decision they could face significant legal and financial consequences. For example, the CMA could fine the companies, force them to unwind the merger, or take legal action to enforce its decision. Additionally, ignoring the CMA's decision could damage the companies' reputation and relationships with UK customers, regulators, and stakeholders.