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Home > News > Market Flash > CMA Launches Probe into Construction Chemicals Supply

CMA Launches Probe into Construction Chemicals Supply

2023-10-19

The UKs competition watchdog has launched an investigation into suspicious activity in the supply of chemicals for use in the construction industry.

 

The Competition and Markets Authority (CMA) has reason to suspect anti-competitive behaviour has taken place involving a number of suppliers of these chemicals and some industry bodies. This conduct relates to the supply of chemical admixtures and additives which are an essential input for products like concrete, mortars and cement used in the construction industry.  

 

Following a period of investigation and information gathering, the CMA may issue a statement of objections if it comes to the provisional view that competition law has been infringed. However, not all cases proceed to a statement of objections, and at this stage no assumptions should be made about whether competition law has been broken.

 

This investigation reflects the CMAs commitment-outlined in its Annual Plan 2023 to 2024-to deter anti-competitive behaviour, so that competitive, fair-dealing businesses can innovate and thrive.

 

The CMA is working with the European Commission, which has launched its own investigation, and is in contact with other authorities including the US Department of Justice.

 

It comes months after the watchdog fined 10 demolition firms close to £60m for their involvement in bid-rigging, after a years-long probe. 


Source: GOV UK

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