UK Competition Appeal Tribunal dismisses Tobii’s appeal
Tobii AB (publ) today comments on the latest events regarding the Smartbox acquisition. The UK Competition Appeal Tribunal (CAT) today dismissed Tobii’s appeal concerning the required divestiture of Smartbox. In parallel to the appeals process, Tobii has maintained an ongoing divestiture process in line with the British Competition and Market Authority’s (CMA) initial decision. CAT's decision means that Tobii's appeal regarding CMA's previous decision is rejected, and that Tobii shall reimburse some of CMA's process related costs, less than SEK 3 million. “Tobii will now review the