Cargotec and Konecranes don’t need to merge to compete with Chinese suppliers such as ZPMC and Sany, the UK’s Competition and Markets Authority said in provisional findings published today. The Finnish companies didn’t convince the CMA that the merger is necessary to keep up with Chinese players that are entering
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Andrew is a reporter covering merger reviews and competition policy for MLex in Brussels. He joined MLex in 2015 and holds a degree and a master’s degree in history from the University of Liverpool.