CMA launches investigation into the supply of chemicals for use in construction industry

Summary:

The Competition and Markets Authority (CMA) has launched an investigation into suspected anti-competitive conduct in the supply of chemicals for the construction industry. The investigation is focused on the supply of chemical admixtures and additives used in products like concrete, mortars, and cement. The CMA is working with the European Commission and the United States Department of Justice, Antitrust Division, to gather information and investigate potential infringements of competition law. The investigation aims to deter anti-competitive behavior and ensure fair competition in the industry. The CMA may issue a statement of objections if it provisionally finds that competition law has been infringed, but no assumptions should be made about guilt at this stage.