07.03.2024 07:38:05 - dpa-AFX: CMA Clears Arcelik-Whirlpool Deal
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - The CMA has decided to allow the
proposed deal between Arçelik and Whirlpool to go ahead. An independent CMA
panel has gathered and analysed a wide range of evidence, and found that Arçelik
and Whirlpool will continue to face significant competition from other
suppliers. The evidence showed that the competitive landscape has changed
considerably in recent years and continues to do so.
Martin Coleman, chair of the independent expert panel conducting the
investigation, said: 'We found that the deal may not be expected to harm
competition, with shoppers continuing to benefit from a wide range of options.'
Arçelik and Whirlpool are two of the largest suppliers of major domestic
appliances in the UK.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX