CMA accepts Origin바카라 사이트™s remedy proposal
The CMA has accepted Origin바카라 사이트™s proposal to maintain competition in fertiliser supply in Scotland, following its merger with Bunn.
Origin and Bunn are 2 of the 3 main suppliers of fertiliser to farmers and farmers바카라 사이트™ merchants in the central/eastern region of Scotland.
In its initial investigation, the Competition and Markets Authority (CMA) found that bringing the 2 firms together could see prices rise or result in a reduction in the choice of fertiliser available to local customers.
Origin subsequently offered to sell Bunn바카라 사이트™s Montrose business to prevent any negative impact on competition from the merger.
The CMA found that Origin바카라 사이트™s proposal would, in principle, satisfy its competition concerns and opened a 15-day consultation in September on the remedy. Following this, the CMA is now fully satisfied that the proposal will address the issues that it identified and will not be referring the case for an in-depth, phase 2, investigation.
Bunn바카라 사이트™s Montrose business will now be sold to Glasson Grain Limited.
All information relating to the investigation is available on the case page.