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The OFT has decided not to refer the acquisition by William Hill of the licensed betting office business of Stanley plc to the Competition Commission. The OFT's decision was subject to suitable undertakings being agreed with William Hill to dispose shops in areas of local overlap between the parties. In particular, the OFT concluded that the transaction would not raise competition concerns at a national level. However, it considered that that there may be a substantial lessening of competition in locations where the merger removes competition within either a 400m or 800m. We provided economic advice to William Hill throughout the investigation.
For more information see the full text of the OFT decision