Southern Water plc and Mid-Sussex Water Company

Monopolies and Mergers Commission report into Southern Water's participation in the equity capital of Mid-Sussex Water. The Commission found that the then applicable statutory "principle that the number of water enterprises which are under independent control should not be reduced so as to prejudice [Ofwat's] ability [...] to make comparisons between [...] water enterprises" would not be breached by the merger. Although the number of companies under independent control would be reduced, this did not cause the prejudice specified by the statute, in part because Mid-Sussex was already controlled by SAUR, the owner of several other water companies.

See Water mergers for background and other cases.

For further information or advice please contact Franck Latrémolière.

Filed under Competition Commission, Merger control, Water.

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