Vehicle data merger to go ahead after firms address competition concerns
Thursday, 21 September 2017 09:56
The CMA has accepted proposals to resolve competition concerns in
the merger of Solera Holdings, Inc. and Autodata Publishing
Group Limited. The companies are the 2 main suppliers of data
services for mechanics across the UK. Garages and workshops use
this data to help diagnose, service and repair vehicles. The
companies compete closely with each other meaning that, if the
merger had gone ahead...Request free
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The CMA has accepted proposals to resolve competition
concerns in the merger of Solera Holdings, Inc. and
Autodata Publishing Group Limited.
The companies are the 2 main suppliers of data services for
mechanics across the UK. Garages and workshops use this data to
help diagnose, service and repair vehicles.
The companies compete closely with each other meaning
that, if the merger had gone ahead as planned, garages
could see prices rise or a drop in the quality of their
service.
In response to these concerns, Solera offered to sell its
vehicle repair and maintenance information platforms to
HaynesPro, a buyer approved in advance by the Competition
and Markets Authority (CMA). It also
offered to provide transitional support to the buyer. The
authority assessed Solera’s remedies offer and opened a
public consultation.
Following this public consultation, and after
the CMA approved
the sale agreement between Solera and HaynesPro, it has
now accepted Solera’s remedies proposal.
Solera and Autodata Publishing Group Limited are now free
to progress their merger, which will not be referred for
an in-depth (‘phase 2’) investigation.
All information relating to this investigation can be
found on the case page.
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