Draft revised guidance on our approach to assessing merger efficiencies
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Detail of outcome
The Competition and Markets Authority (CMA) has published updated merger assessment guidelines, which incorporate our final revised guidance on merger efficiencies.
Feedback received
Original consultation
Consultation description
The CMA has been delivering a programme of work to embed our 4Ps framework – pace, predictability, proportionality, and process – across our merger control function.
In January 2026, we launched a review into our approach to the assessment of rivalry-enhancing efficiencies in mergers.
We then consulted on proposed updates to our guidelines.
We published:
- draft revised guidance, intended to replace the text currently in paragraphs 8.2 to 8.27 of our Merger Assessment Guidelines
- a consultation document, which summarised the key changes proposed in the draft revised guidance
We also published the responses to our call for evidence.
Documents
Updates to this page
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Final outcome and responses published.
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First published.