UK’s CMA Initiates Formal Investigation Into Carlsberg-Britvic Merger

Britain’s Competition and Markets Authority announced on Wednesday that it has initiated a formal probe into Carlsberg’s £3.3 billion acquisition of Britvic. The CMA set a December 18 deadline for its phase-1 decision, evaluating whether the merger may significantly reduce competition in any UK market. Carlsberg expressed its commitment to cooperate with the CMA throughout the process.