Category: 0 Archive

A group of independent panel members has found that the merger of Just Eat plc (Just Eat) and Hungryhouse Holdings Limited (Hungryhouse) does not raise competition concerns.

Just Eat and Hungryhouse are web-based food ordering platforms in the UK. They give restaurants the opportunity to reach a wider pool of people, as well as offer consumers the convenience of choosing from a large range of takeaway providers in one place.

As first indicated in the provisional findings, the group found that Hungryhouse presently provides limited competition to Just Eat because it is much smaller in size and offers too few unique restaurants. This makes it increasingly difficult for Hungryhouse to attract and retain consumers.

Furthermore, it found that the industry is evolving rapidly following the entry of platforms such as Deliveroo, UberEATS and Amazon, which also manage or facilitate delivery services on behalf of restaurants. These companies generally present a greater competitive challenge to Just Eat than Hungryhouse, and this is likely to grow as they expand.

In reaching its final conclusion, the group also took account of the fact that some customers may order directly from takeaway restaurants, either by telephone, through their websites or by walking in.

All information relating to this merger inquiry can be found on the case page.

Notes for editors

1. The CMA is the UK’s primary competition and consumer authority. It is an independent non-ministerial government department with responsibility for carrying out investigations into mergers, markets and the regulated industries and enforcing competition and consumer law.
2. The CMA began its initial investigation into the merger in March 2017. The CMA referred the case for in-depth investigation on 19 May 2017 and published its provisional findings on 12 October 2017.
3. Certain of the CMA’s functions in phase 2 merger inquiries are performed by independent inquiry groups chosen from the CMA’s panel members. The appointed inquiry group are the decision-makers on phase 2 inquiries. The members of the inquiry group are: Professor Martin Cave (Inquiry Chair), Katherine Holmes, John Krumins and Jayne Scott. The CMA’s panel members come from a variety of backgrounds, including economics, law, accountancy and/or business; the membership of an inquiry group usually reflects a mix of expertise and experience.
4. For more information on the CMA see our homepage or follow us on Twitter @CMAgovuk, Flickr and LinkedIn and like our Facebook page. Sign up to our email alerts to receive updates on merger cases.
5. Media enquiries should be directed to press@cma.gsi.gov.uk or 020 3738 6337.

FCO Spokesperson statement:

We are deeply concerned by the risk of a serious deterioration of the humanitarian situation in Yemen. We call on all parties to ensure immediate access for commercial and humanitarian supplies to avert the threat of starvation and disease faced by millions of civilians. We call for the immediate resumption of UN flights and the reopening of Hodeidah port. The UK is the second largest donor to the UN’s Yemen Appeal, and UKaid has already provided food to almost 2m people and clean water to over 1m more. We must continue to offer this lifesaving assistance and that is why we call on all parties ensure that humanitarian workers are able to enter and exit the country and access all affected areas.

We share the concern of Saudi Arabia about the security threat posed by ballistic missiles, such as the one of 4 November. We understand the need to take action to stem the flow of sophisticated weaponry into Yemen, including the importance of effective monitoring and controls. Efforts to implement the arms embargo called for by UN Security Council Resolution 2216 must be increased by all states while ensuring that vital commercial and humanitarian supplies are able to reach vulnerable Yemeni people.

We believe that a comprehensive political solution is the only way to end the conflict and bring real stability to Yemen. We call on all parties to engage with the peace process.

The number of new homes delivered each year has been increasing since 2010, but the Prime Minister will say there is more we can do to build the homes the country needs.

Speaking ahead of a visit to a housing development in Barnet, North London today (Thursday 16 November), which coincides with the publication of new statistics on housebuilding, Theresa May said:

“For decades we simply have not been building enough homes, nor have we been building them quickly enough, and we have seen prices rise.

“The number of new homes being delivered each year has been increasing since 2010, but there is more we can do.

“We must get back into the business of building the good quality new homes for people who need them most.

“That is why I have made it my mission to build the homes the country needs and take personal charge of the Government’s response.

“Today I am seeing the work now underway to put this right and, in coming weeks and months, my Government will be going further to ensure that we build more homes, more quickly.

“This will be a long journey and it will take time for us to fix the broken housing market – but I am determined to build a Britain fit for the future.”

Later today Communities Secretary Sajid Javid will deliver a speech on housing at the Temple Meads Quarter in Bristol to reinforce the government’s approach to back housing of all tenures, including more social housing.

The Communities Secretary is expected to say:

“The generation crying out for help with housing is not over-entitled. They don’t want the world handed to them on a plate. They want simple fairness, moral justice, the opportunity to play by the same rules enjoyed by those who came before them.

“Without affordable, secure, safe housing we risk creating a rootless generation, drifting from one short-term tenancy to the next, never staying long enough to play a role in their community.

“Our Housing White Paper in February set out our broad vision. It described the scale of the challenge and the need for action on many fronts. Since then we’ve been putting it into action, laying the foundations for hundreds of thousands more homes.

“But there are many, many faults in our housing market, dating back many, many years. If you only fix one you’ll make some progress, but not enough. This is a big problem and we have to think big.”

He will announce that the Government is taking housing associations’ debt off the balance sheet, ensuring housing associations have a stable investment environment to build more homes.

This builds on the Government’s ongoing work to tackle the challenges in the housing sector including:

• Increasing the affordable housing budget by an additional £2 billion to over £9 billion, to deliver more homes at social rent and potentially leverage investment from housing associations and councils of up to £5 billion;
• Setting a long term rent deal for councils and housing associations in England from 2020 – helping support them build more homes;
• Creating the £3 billion Home Building Fund last year to build more houses across England. Over £1.7 billion has now been committed, and will mean over 100,000 new homes built across England;
• Publishing the Housing White Paper which set out the Government’s plans, including ensuring councils release more land for housing, and giving them new powers to ensure that developers actually build homes once they’re given planning permission to do so;
• Introducing schemes like Help to Buy to support people who are struggling right now – this has already helped over 130,000 more families with the deposit they need to buy their own home. We have now invested a further £10 billion in Help to Buy to help a further 135,000 households by 2021; and
• Meeting big and small developers, local authorities and housing associations to ask them to all play their part in increasing the number of homes being built. The Prime Minister and the Communities Secretary recently held a meeting with developers and housing associations in Downing Street to discuss actions needed to remove the barriers they are facing in building new homes.

Since April 2010, around 346,000 affordable homes have been delivered, including 240,000 for rent. More than twice as much council housing has been built since 2010 than in the previous 13 years.

A Downing Street spokesperson said:

“The Prime Minister and Chancellor co-hosted a roundtable this afternoon with leading figures from the UK tech industry, ahead of a reception at Downing Street attended by entrepreneurs and innovators from across the country.

“The Prime Minister began by welcoming the huge contribution that the tech sector makes to the whole of the UK. She promised to listen to the industry’s views on what more Government can do to help it go from strength to strength.

“The Chancellor said Government would be ambitious as it works to make the most of the incredible potential of the tech sector, to break down the barriers facing entrepreneurs and to drive future growth.

“On Brexit, the Prime Minister said she had no doubt that the UK will remain a brilliant place to build a tech business after we have left the EU, and reiterated that she is determined to get the best deal for our country. There was agreement during the discussion on the need for Britain to take advantage of the opportunity of Brexit to be bold and ambitious in the action we’re taking to boost the tech sector.

“There was also consensus on the need to make sure we’re attracting the brightest and best talent to the UK. Eileen Burbidge, Chair of Tech City UK, welcomed the PM’s announcement of an increase in visas for tech talent as being exactly what the sector needs.

“There was a discussion on skills, and the need to ensure people of all ages and backgrounds have the digital skills to get ahead and take up the good, high-quality jobs on offer in the tech industry. And there was agreement on the importance of continued investment in infrastructure, including superfast broadband.

“Nick Sturge, CEO of Engine Shed, welcomed the new investment to expand Tech City UK into a nationwide network, which he said has the potential to raise the profile of regional tech hubs and entrepreneurs outside of London.

“Culture Secretary Karen Bradley closed the roundtable by reaffirming the Government’s ongoing commitment to supporting the sector and to maintaining this engagement through future meetings, to ensure the UK remains at the forefront of innovation and technology in the years ahead.”

Rare species like the marsh fritillary butterfly and willow tit bird have been given a conservation boost today, with Natural England officially recognising the Mid Cornwall Moors as one of the country’s most important wildlife sites.

Following a four-month public consultation, Natural England has confirmed the designation of the Mid Cornwall Moors as a Site of Special Scientific Interest (SSSI), giving the area legal protection for its important wildlife and habitats.

This brings certainty and purpose to conservation work in Mid Cornwall, where the rich mix of heathland, woodland, and wildflower meadows provides a vital sanctuary for wildlife.

Wesley Smyth, manager of Devon, Cornwall and Isles of Scilly team in Natural England, said:

This rich and diverse landscape of Mid Cornwall is home to an array of rare plants and insects, alongside one of the highest densities of willow tit breeding pairs in England.

That’s why we’ve designated this area as a Site of Special Scientific Interest, recognising its vital contribution to our natural heritage and helping its precious wildlife thrive for generations to come.

Natural England is working with landowners and local organisations, such as the Cornwall Wildlife Trust and Butterfly Conservation, to create the perfect conditions for the rare marsh fritillary butterfly. With further help from the Eden Project and Highways England, swathes of devil’s-bit scabious – the main food plant for the marsh fritillary caterpillars – have been grown and planted alongside the A30 road corridor.

Philip Hambly, Chairman of Cornwall Butterfly Conservation (CBC), said:

CBC have been working with Natural England in order to help protect the rare Marsh Fritillary butterfly in Mid Cornwall, and this confirmation of SSSI protection will help future conservation efforts. If we want to protect our rare species such as this, we must manage their habitats carefully and make sure that we are doing so on a landscape scale.

As part of the area’s newly-designated status, another project seeks to protect the habitat of the willow tit, which has virtually disappeared from large parts of the UK and whose national population has declined by an estimated 81% since the mid-1990s.

The Mid Cornwall Moors SSSI merges six former SSSIs that previously dotted the landscape around the A30 and east of Indian Queens. The new designation has extended those boundaries and protects around 50% more countryside, connecting important habitats and helping wildlife to withstand pressures from climate change.