The Competition and Markets Authority (CMA) has launched an investigation into suspected anti-competitive conduct in the supply of chemicals for use in the construction industry.
It said it has “reason to suspect anti-competitive behaviour has taken place” among suppliers of these chemicals and some industry bodies.
It relates to the supply of admixtures and additives essential for products like concrete, mortars and cement.
The CMA is working with the European Commission which has also launched its own investigation and is in contact with other authorities including the United States Department of Justice, Antitrust Division.
Following an investigation, the CMA said it may issue a “statement of objections” if it comes to the provisional view competition law has been infringed.
It added, 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.
The investigation reflects the CMA’s commitment to deter anti-competitive behaviour “so competitive, fair-dealing businesses can innovate and thrive”.
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