Merger Update: Warner Bros. Discovery/BT

Start of CMA Merger Investigation: ANTICIPATED JOINT VENTURE BETWEEN WARNER BROS. DISCOVERY, INC. AND BT GROUP PLC.

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. 

The CMA announced the launch of its merger inquiry by notice to the Parties on 31 May 2022 and has a deadline of 28 July 2022 for its phase 1 decision.

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

These comments should be provided by 17 June 2022:

Principal Case officer name: Jonathan Akinyemi

Tel no: 020 3738 6257

E-mail: [email protected]

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