CMA wants Euro Car Parts to divest locations in 10 cities to satisfy competition concerns with its acquisition of Andrew Page.
The Competition and Markets Authority (CMA) in the United Kingdom yesterday detailed concerns it has with LKQ Corporation subsidiary Euro Car Parts’ October 2016 acquisition of competitor Andrew Page. Both companies sell car parts and components to independent repair facilities and to larger national or multi-regional customers, including repair center chains, vehicle fleets and roadside assistance companies.
A group of independent panel members at the CMA has investigated the merger. The group identified 10 local areas in England where
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