UK's Antitrust Cop Flags Anglo American, Lafarge JV

Law360, New York (February 21, 2012, 6:02 PM EST) -- The U.K.'s antitrust watchdog on Tuesday threatened to take action against a joint venture by Anglo American PLC and Lafarge SA, saying the merger could damage the construction materials markets in the country by substantially reducing competition.

The Competition Commission found that the overlapping activities of the companies in the production and supply of cement, aggregates, asphalt and ready mix concrete are enough to raise concern. The committee says it is still weighing possible actions, including allowing the venture to go forward on the condition of...
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