UK Competition and Markets Authority publishes final cement price announcement order

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UK: The Competition and Markets Authority (CMA) has published a final order affecting the suppliers of cement and cementitious products in Great Britain (GB). The order sets out these suppliers will be prohibited from sending generic price announcement letters to their customers. Instead, any price announcement letter will have to be specific and relevant to the customer receiving it, including setting out the last unit price paid, the new unit price and specific details of other charges that apply to the customer. The order is effective from 23 January 2016.

The order results from the Competition Commissions (CC) investigation into the supply or acquisition of aggregates, cement and ready-mix concrete in GB, which required Lafarge Tarmac to sell one of its cement plants and Hanson to sell one of its ground granulated blast furnace slag (GGBS) plants to enhance competition in the cement and GGBS markets. The CC also said that it would implement two further remedy measures aimed at reducing transparency in the GB cement markets, comprising a prohibition on generic cement price announcements and restrictions on the disclosure and publication of market data.

Last modified on 03 February 2016


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