{"id":91390,"date":"2018-04-26T06:00:00","date_gmt":"2018-04-26T06:00:00","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=346ba759284782e6311d94c37b24ece5"},"modified":"2018-04-26T06:00:00","modified_gmt":"2018-04-26T06:00:00","slug":"news-story-cma-finds-competition-concerns-in-construction-merger","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=91390","title":{"rendered":"News story: CMA finds competition concerns in construction merger"},"content":{"rendered":"<div class=\"govspeak\">\n<p>The <abbr title=\"Competition and Markets Authority\">CMA<\/abbr> has identified competition concerns following an investigation into the proposed purchase of concrete plants by a leading building materials company.<\/p>\n<p>The Competition and Markets Authority (<abbr title=\"Competition and Markets Authority\">CMA<\/abbr>) has been investigating Tarmac Trading Limited\u2019s (Tarmac) proposal to acquire 27 ready-mix concrete (RMX) plants from Breedon Group Plc (Breedon), and Breedon\u2019s plans to acquire 4 aggregate plants and 1 asphalt plant from Tarmac.<\/p>\n<p>Following its initial \u2018Phase 1\u2019 review, the <abbr title=\"Competition and Markets Authority\">CMA<\/abbr> has found that the proposed merger gives rise to competition concerns in the supply of RMX in the Cardiff, Bridgend and Carnforth areas, where both companies are close rivals.<\/p>\n<p>The lack of other strong suppliers of RMX in these areas could mean that customers would face increased prices or a worse quality of service as a result of the proposed merger.<\/p>\n<p>With regard to Breedon\u2019s plans to acquire 4 aggregates plants and an asphalt plant from Tarmac, the <abbr title=\"Competition and Markets Authority\">CMA<\/abbr> found no competition concerns and has cleared that part of the deal.<\/p>\n<p>Tarmac now has until 3 May to address the concerns outlined otherwise the merger will be referred for an in-depth Phase 2 investigation by an independent group of <abbr title=\"Competition and Markets Authority\">CMA<\/abbr> panel members.<\/p>\n<p>All information relating to the merger is available on the project <a href=\"https:\/\/www.gov.uk\/cma-cases\/tarmac-trading-limited-breedon-group-plc-merger-inquiry\">case page<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The CMA has identified competition concerns following an investigation into the proposed purchase of concrete plants by a building materials company.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/91390"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=91390"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/91390\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=91390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=91390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=91390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}