Mergers & Acquisitions Mergers & Acquisitions

UK truck-parts companies say terms of CMA's merger probe 'didn't reflect reality'

By Victoria Ibitoye
  • 28 Jul 2020 08:55
  • 28 Jul 2020 08:55
Truck-parts suppliers Universal Components UK and 3G Truck & Trailer Parts have accused the UK's competition regulator of assessing their merger against an "inappropriately narrow" frame of reference.

The wholesalers said the Competition and Markets Authority’s decision in its phase I review disregards the “very significant competitive constraints on the parties” and doesn't reflect the

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