In February, the Competition and Markets Authority (CMA) announced that it would look in detail at undertakings offered by Stagecoach to address the competition concerns the CMA had identified earlier in the month. On 13 March 2015 the CMA issued a notice of consultation on the proposed undertakings.
In light of representations received in response to the consultation, the CMA considers that material modifications to the undertakings are required to provide a more effective and clear cut remedy to address the competition concerns identified.
The CMA has until 18 June 2015 to consider whether to accept the undertakings, and as part of this process is now consulting on whether the proposed modifications to the undertakings are sufficient to address the competition concerns.
The modified draft undertakings and all information relating to the investigation are available on the case page. The deadline for responses to the consultation is 9 June 2015.