The Original Bowling Company has offered to sell six bowling alleys to address competition concerns triggered by its purchase of Bowlplex.
This follows the CMA’s announcement last month that its proposed acquisition of Bowlplex may result in a substantial lessening of competition in six areas where the companies both run ten-pin bowling facilities.
The CMA has decided that there are reasonable grounds for believing that the proposed undertakings, or a modified version of them, might be accepted by the CMA instead of a more detailed phase 2 merger investigation.
The CMA now has until 27 October 2015 to consider whether ultimately to accept the undertakings, or a modified version. It can extend this deadline if there are special reasons for doing so. Click here.