Merger Update: Adevinta/ebay

RNS Announcement

RNS Number : 2485H

Competition and Markets Authority

02 December 2020

Anticipated acquisition by Adevinta ASA of eBay Classifieds Group from eBay Inc., and eBay Inc.'s acquisition of a minority stake in Adevinta ASA

Invitation to comment: Closes on 16 December 2020

The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction, if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.

Adevinta ASA is active in the UK through its online classified advertising platforms Shpock, Agriaffaires, MachineryZone and Truckscorner. eBay Classifieds Group is active in the UK through its online classified advertising platforms, Gumtree and Motors.co.uk. In addition to eBay Classifieds Group, eBay Inc. is the owner of eBay Marketplace.

To assist it with this assessment, the CMA invites comments on the transaction from any interested party.

These comments should be provided by the deadline set out above to:

Principal case officer name: Alex White

Tel no: 020 3738 6085

E-mail: Alex.White@cma.gov.uk

Your name and contact details are your personal data. In collecting, receiving, storing, accessing and using your personal data, the CMA, as controller, is processing your personal data. The CMA processes personal data in accordance with data protection law. The CMA is processing your personal data so that it can contact you again, should it need further help or information from you, in order to carry out its merger work under Part 3 of the Enterprise Act 2002. For more information about how the CMA processes personal data and your rights relating to that data, please see our Privacy Notice.

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RNS metadata

Title: Merger Update: Adevinta/ebay
Time: 07:00:07
Date: 2 Dec 2020
Category: Acquisitions and alliances
ID: 2485H