The UK’s Competition and Markets Authority (CMA) is going ahead with its investigation into suspected breaches of competition law relating to ‘vertical arrangements’ between certain suppliers and resellers in the commercial catering equipment sector.
The green light was given on 16th February and the authority will spend from now until June further analysing the evidence and potentially requesting more information and stakeholder meetings.
The approval to proceed would indicate that the CMA has unearthed at least the suggestion of anti-competitive practices, or something that merits further study.
It is estimated that in June there will be a further decision made as to whether to continue or close the investigation.
The case began last August, when the CMA met with parties under investigation and between then and January it analysed and reviewed the involved parties’ responses to information requests. The initial investigation included information gathering.
The decision on whether to proceed was postponed in December until now, in order to give the body more time to analyse and review the responses it received.