The Competition and Markets Authority has confirmed that it will not refer the merger of Bouygues and EQUANS to a Phase 2 review.
The competition regulator has been investigating the deal after concerns were raised when both businesses offered services to supply HS2 with Overhead Catenary Systems (OCS) as part of a competitive tender. The tender concerned EQUANS subsidiaries SPL Powerlines UK Limited and INEO (acting together as Rapide JV) and Bouygues-owned Colas Rail.
The Competition and Markets Authority (CMA) felt that this may constitute a reduction in competition, potentially resulting in a higher-cost final contract.
In August 2022, both companies submitted proposals to “remedy competition concerns”. These proposals, including the appointment of an independent third-party assessor, have been accepted by CMA.
Featured News
Google and South Carolina Clash Over State Records Demand
May 8, 2024 by
CPI
Telefonica Germany Teams Up with Amazon Web Services to Migrate 5G Customers
May 8, 2024 by
CPI
Federal Judge Grants $7.4 Million Settlement in Pork Price-Fixing Case
May 8, 2024 by
CPI
Wilson Sonsini Bolsters Antitrust and Competition Practice with Key Partner Returns
May 8, 2024 by
CPI
EU to Scrutinize Telecom Italia’s Network Sale to KKR
May 8, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI