IHS Markit Ltd / CME Global Inc. JV Merger Inquiry

The CMA investigated and cleared the anticipated joint venture between IHS Markit Ltd’s MarkitSERV Business and CME Global Inc.’s Optimization Business.

• From: Competition and Markets Authority
• Published: 4 June 2021
• Last updated: 2 September 2021 — See all updates

• Case type: Mergers
• Case state: Closed
• Market sector: Financial services
• Outcome: Mergers - phase 1 clearance
• Opened: 4 June 2021
• Closed: 2 September 2021

Statutory timetable

Phase 1	Action
27 July 2021	Decision announced
4 June 2021	Launch of merger investigation
4 June 2021 to 18 June 2021	Invitation to comment

Phase 1

CMA clearance decision

27 July 2021: The CMA has cleared the anticipated joint venture between IHS Markit Ltd’s MarkitSERV Business and CME Global Inc.’s Optimization Business.

• Full text decision (2.9.21)

Launch of merger inquiry

4 June 2021: The CMA announced the launch of its merger inquiry by notice to the parties.

• Notice commencement initial period (4.6.21)

Invitation to comment: now closed

4 June 2021: The 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.

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

Contact

Please send written representations about any competition issues to [email protected].

Published 4 June 2021
Last updated 2 September 2021 + show all updates

1. 2 September 2021

   Full text decision published.

2. 27 July 2021

   Clearance decision published.

3. 4 June 2021

   First published.