Competition threat to UK merger plans
Merger plans involving the UK operations of Tarmac and France’s Lafarge were under threat yesterday after being criticised by competition chiefs.
In a market where there are only four UK producers of bulk cement, the Competition Commission said it was concerned that the tie-up would increase the “susceptibility of the market to co-ordination”. The commission is already holding a separate investigation into the UK’s £3.3 billion building materials industry.
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Weather for Edinburgh
Friday 24 May 2013
Today
Light showers
Temperature: 2 C to 12 C
Wind Speed: 21 mph
Wind direction: North east
Tomorrow
Sunny
Temperature: 5 C to 17 C
Wind Speed: 13 mph
Wind direction: West
