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Version date: 24 May 2024 - onwards
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23. Relevant merger situations

(1) For the purposes of this Part, a relevant merger situation has been created if -

(a) two or more enterprises have ceased to be distinct enterprises at a time or in circumstances falling within section 24; and

(b) the value of the turnover in the United Kingdom of the enterprise being taken over exceeds £100 million.

(2) For the purposes of this Part, a relevant merger situation has also been created if -

(a) two or more enterprises have ceased to be distinct enterprises at a time or in circumstances falling within section 24;

(b) as a result, one or both of the conditions mentioned in subsections (3) and (4) below prevails or prevails to a greater extent; and

(c) the value of the turnover in the United Kingdom of -

(i) the enterprise being taken over, or

(ii) any other enterprise concerned, exceeds £10 million.

(2A) [deleted]

(2B) For the purposes of subsection (2)(c)(ii), any turnover of any other enterprise concerned that is also turnover of the enterprise being taken over is t

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