The Competition and Markets Authority (CMA) has raised concerns over the merger of veterinary health service providers, Eville and Jones (E&J) and Vorenta Group.
The regulator has given E&J five working days to respond to its concerns over potential anti-competitive behavior that could force consumers to pay more for inspections. If the response is unsatisfactory, the CMA may launch a second phase inquiry.
The regulator believes that this could result in consumers paying higher prices for these services than they would have without the merger.
Related: UK Veterinary Takeover Deal Revived With Concessions
The CMA’s concerns are based on an initial investigation into the merger, which found that E&J and Vorenta were two of only three providers of Official Veterinarian (OV) services in some parts of the UK. OV services involve inspections of animals and animal products to ensure they meet health and safety.
The two companies first announced their agreement to join forces in September 2022 in a deal estimated to give the combined business annual revenues of more than £50 million.
Featured News
Nvidia and Microsoft Sued for Allegedly Undercutting AI Technology Patent Prices
Sep 5, 2024 by
CPI
White & Case Strengthens Antitrust and M&A Practices with New Partner Additions
Sep 5, 2024 by
CPI
Federal Judge Dismisses Antitrust Lawyers’ Fee Demand Over JetBlue-Spirit Deal
Sep 5, 2024 by
CPI
Boston Landlords Named as US Sues RealPage Over Alleged Rent-Inflating Practices
Sep 5, 2024 by
CPI
Judge to Weigh Landmark NCAA Settlement Proposal in Antitrust Lawsuit
Sep 5, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Canada & Mexico
Sep 3, 2024 by
CPI
Competitive Convergence: Mexico’s 30-Year Quest for Antitrust Parity with its Northern Neighbor
Sep 3, 2024 by
CPI
Competition and Digital Markets in North America: A Comparative Study of Antitrust Investigations in Mexico and the United States
Sep 3, 2024 by
CPI
Recent Antitrust Development in Mexico: COFECE’s Preliminary Report on Amazon and Mercado Libre
Sep 3, 2024 by
CPI
The Cost of Making COFECE Disappear
Sep 3, 2024 by
CPI