The UK Competition Authority breaks up vehicle and trailer parts merger (TVS Europe Distribution / 3G)

On 12 January 2021, the UK’s Competition and Markets Authority (“CMA”) ordered the commercial vehicle and trailer supplier Universal Components UK (which is owned by TVS Europe Distribution) to sell 3G Truck & Trailer Parts, following an in-depth Phase 2 investigation into the completed merger between the two companies. Shortly after completion of the merger in February of last year, the CMA issued an initial enforcement order (effectively keeping the two

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  • Van Bael & Bellis (Brussels)

Quotation

William Haig, The UK Competition Authority breaks up vehicle and trailer parts merger (TVS Europe Distribution / 3G), 12 January 2021, e-Competitions January 2021, Art. N° 99273

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