Researchers, teachers, students, academia and those interested in knowing their cultural heritage will for the first time have access to National Museum collections online
…said the British High Commissioner to Solomon Islands and Nauru, His Excellency Thomas Coward at the launch of the first virtual museum for Solomon Islands last week.
Having carried out an in-depth Phase 2 merger inquiry, the Competition and Markets Authority (CMA) has today ordered Lindab – a supplier of circular ducts and fittings used in ventilation systems in buildings – to sell 2 sites after finding its deal with HAS-Vent could lead to reduced choice and higher prices for installers of ventilation systems in both Nottingham and Stoke-on-Trent.
The independent CMA group leading the inquiry scrutinised a wide range of evidence, including the parties’ internal documents and evidence from installers of ventilation systems and other suppliers of circular ducts and fittings. Based on this evidence, the group found that competition for these products occurs at a local level.
Having assessed the impact of the deal in various local areas, and then consulted on its provisional findings published in August, the inquiry group has concluded the deal has resulted in a substantial lessening of competition in the supply of circular ducts and fittings in the local areas centred around Nottingham and Stoke-on-Trent.
To resolve the loss of competition, the CMA is requiring Lindab to sell 1 site in each of the impacted areas. To ensure the largest pool of potential purchasers and given the different operating models in the industry (which means that some purchasers may want a site with manufacturing assets, while others may not), Lindab is required to market for sale all 4 sites it owns in the two areas and put forward potential buyers for the CMA to approve.
Kirstin Baker, Chair of the independent inquiry group, said:
More information, including the CMA’s final report, can be found via the Lindab / HAS-Vent case page.
Notes to Editors