UK Antitrust Watchdog To Probe Security Cos.’ Merger

Law360, New York (March 6, 2012, 2:16 PM EST) -- The U.K.'s Office of Fair Trading today referred VPS Holdings Ltd.’s acquisition of SitexOrbis Holdings Ltd. to the country’s competition watchdog over concerns that the merger would inhibit competition in the vacant property security services industry, the office announced Monday.

VPS and SitexOrbis are the largest suppliers of steel screens, doors and alarms to help owners secure vacant property, and their union could shut out smaller competitors, the OFT said. The Competition Commission will conduct a thorough investigation of the implications for competition, according to the...
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