Eurofins: investigation launched into UK takeover of Cellmark
(CercleFinance.com) - The UK Competition Authority said on Thursday that it had launched an investigation into Eurofins' takeover of the British company Cellmark, an operation it fears will have an adverse impact on competition in the market.
To assist in its assessment, the Competition and Markets Authority (CMA) said it would seek input from all interested parties in the transaction until August 1, before deciding whether to launch a formal 'phase 1' investigation on 13 September.
Cellmark, based south of Oxford, provides genetic testing for legal purposes, such as paternity testing, as well as drug and alcohol testing services.
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To assist in its assessment, the Competition and Markets Authority (CMA) said it would seek input from all interested parties in the transaction until August 1, before deciding whether to launch a formal 'phase 1' investigation on 13 September.
Cellmark, based south of Oxford, provides genetic testing for legal purposes, such as paternity testing, as well as drug and alcohol testing services.
Copyright (c) 2024 CercleFinance.com. All rights reserved.