A PYMNTS Company

Competition Commission to examine DCC Energy’s acquisitions of Total Downstream businesses

By  |  April 4, 2012
Competition Commission to examine DCC Energy’s acquisitions of Total Downstream businesses

The OFT has referred DCC Energy’s acquisition of Total Downstream’s businesses to the Competition Commission. DCC Energy operates GB Oils, a U.K. supplier of oil products. One of the businesses DCC Energy has acquired is Total Butler, an oil distribution business that was GB Oils’ close rival. The OFT is thus concerned with the anticompetitive effects in the supply of oil products to customers requiring multiple site non-bulk deliveries. The merger may lead to higher prices of oil products for these customers.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full content: OFT Press Release

     

    Related content: A New Style of Merger Review in the U.K.: Perspectives on the Proposed Reforms (Andrea Gomes da Silva & Manish Das, Freshfields)