EU adds pressure

Ofwat can only block mergers if it regulates reasonably. How long can its opposition to them be considered reasonable?

The increasing intrusion of the European Commission into water industry mergers in the UK may further undermine Ofwat’s opposition to consolidation in the sector.

While the New EC Merger regulation that came into effect at the beginning of May (which lowers the thresholds at which the European competition authorities must consider mergers in cases where three or more member ...

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