LOGO
LOGO

Quick Facts

Competition Watchdog CMA Issues Prelim. Notice To Roche On Its Merger Plan With LumiraDx

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The Competition and Markets Authority or CMA on Friday said that it has issued a notice regarding Roche's planned acquisition of certain assets of LumiraDx, under section 96(2) of the Act, to investigate the competition issues on this merger.

As per the notice, CMA will verify whether the merger plan will substantially lessen the competition within any market or markets in the United Kingdom for goods or services.

The preliminary 'invitation to comment,' requires the parties to submit initial views on the impact of the transaction. The CMA said that it has not yet launched its formal investigation into this transaction.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19