CMA consults on fuel pumps merger remedy offer
The CMA is consulting on undertakings from Dover to remedy competition concerns over its merger with Wayne.
On 24 October 2016, the Competition and Markets Authority (CMA) announced that it would consider alternative proposals from Dover Corporation (Dover) and Wayne Fueling Systems Ltd (Wayne). Either: i) Dover would release Tokheim SSD from its obligation to only distribute Dover’s fuel dispensers in the UK, and Dover would also take measures to support Tokheim SSD distributing a rival manufacturer’s fuel dispensers in the UK; or ii) Wayne would sell its UK distribution business to a buyer, to be approved by the CMA.
The CMA is proposing to accept the proposal to sell Wayne’s UK distribution business. Dover and Wayne have proposed Eurotank Service Group Limited or Petrotec S.G.P.S. S.A. as buyers. The CMA currently believes that the remedy, and these proposed buyers, will resolve its competition concerns in a clear-cut manner, subject to any feedback it receives during this consultation.
The CMA now invites written comments from interested parties. Anyone wishing to respond to the consultation should do so in writing, by no later than 5pm on 14 December 2016, to:
Maxwell Harris
Mergers Group
Competition and Markets Authority
Victoria House
Southampton Row
London
WC1B 4AD
Email: maxwell.harris@cma.gsi.gov.uk
Tel: 020 3738 6843
The notice of consultation on the proposed undertakings and all other information relating to this investigation can be found on the case page.