Port News & Information Mediterranean, Black & Caspian Seas
Source: Ports Europe

UK Competition & Markets Authority blocks merger between Konecranes and Cargotec

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The UK Competition & Markets Authority (CMA) has blocked the proposed merger between Cargotec and Konecranes after its in-depth investigation identified substantial competition concerns – March 29, 2022 Following an in-depth Phase 2 investigation, the Competition and Markets Authority (CMA) found that the merger would harm competition in the supply of a wide range of…

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