Vehicle data merger to go ahead after firms address competition concerns
皇冠体育app CMA has accepted proposals to resolve competition concerns in the merger of Solera Holdings, Inc. and Autodata Publishing Group Limited.
皇冠体育app companies are the 2 main suppliers of data services for mechanics across the UK. Garages and workshops use this data to help diagnose, service and repair vehicles.
皇冠体育app companies compete closely with each other meaning that, if the merger had gone ahead as planned, garages could see prices rise or a drop in the quality of their service.
In response to these concerns, Solera offered to sell its vehicle repair and maintenance information platforms to HaynesPro, a buyer approved in advance by the Competition and Markets Authority (CMA). It also offered to provide transitional support to the buyer. 皇冠体育app authority assessed Solera鈥檚 remedies offer and opened a public consultation.
Following this public consultation, and after the CMA approved the sale agreement between Solera and HaynesPro, it has now accepted Solera鈥檚 remedies proposal.
Solera and Autodata Publishing Group Limited are now free to progress their merger, which will not be referred for an in-depth (鈥榩hase 2鈥�) investigation.
All information relating to this investigation can be found on the case page.