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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Victoria Ibitoye

Senior Correspondent

Victoria covers mergers and acquisitions for MLex in London. Prior to joining MLex, Victoria was a city reporter at the Daily Mail covering transport, retail and writing the daily market report. Victoria holds a law degree from the University of Nottingham.

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