The Competition and Markets Authority (CMA) has announced that the catering equipment industry should expect news next year of its probe into suspected breaches of competition law, regarding the sale of commercial catering equipment.
“We hope to give a more detailed update on the investigation in January,” commented CMA’s senior media relations manager, Simon Belgard.
Since June there had been no clear timetable outlined on the case’s webpage, so this latest schedule may at least go some way towards confirming an end date.
The investigation is focusing on whether minimum advertised pricing (MAP) is being employed by some in the catering equipment industry.
The case began in August 2014, when the CMA met with parties under investigation, and between then and what was originally scheduled to be January this year, it analysed and reviewed the involved parties’ responses to information requests.
The first decision on whether to proceed was postponed in December until February, in order to give the body more time to analyse and review the responses it received. The ruling was once again postponed until June, as the CMA said it required more time to carry out further investigation including analysis and potential further information requests and stakeholder meetings.
The penultimate update in June simply stated that a decision had been made to continue the investigation, with no end date specified until this latest confirmation.