OFT accepts William Hill undertakings instead of reference to the Competition Commission.

0 Comments | M2 Presswire, February, 2006

M2 PRESSWIRE-13 February 2006-UK Government: OFT accepts William Hill undertakings instead of reference to the Competition Commission(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:13022006 The OFT has decided today to accept the undertakings offered by William Hill plc. It has decided that the undertakings offered address the competition concerns which arose from the completed acquisition by William Hill plc of the licensed betting office business of Stanley plc.

This transaction will not now be referred to the Competition Commission. The transaction raised competition concerns in relation to the supply of betting services through licensed betting offices (LBOs) in around 80 local areas of the UK. In lieu of reference to the Competition Commission, the parties...