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Thinking - Blog

What do the 4Ps mean for you? CMA consults on updates to core merger guidance

Published on 12 Aug 2025. By Nicholas McKenzie, Associate

The UK’s merger control regime is undergoing one of its most significant transformations in years. The Competition and Markets Authority (CMA) recently consulted on proposed updates to its mergers guidance, which mainly aims to embed its four new principles - pace, predictability, proportionality, and process (the 4Ps) - at the core of its functions.

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