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UK watchdog reviews car-auction merger remedies

( December 1, 2015, 14:36 GMT | Official Statement) -- MLex Summary: The UK’s Competition and Markets Authority will review the concessions offered by BCA Marketplace to allay antitrust concerns in relation to its purchase of SMA Vehicle Remarketing. The regulator is anxious that the deal might lead to higher prices in the market for used vehicle auction services in the Newcastle area. If the remedies are found to be suitable, the deal won’t be referred for full investigation. The authority has until Jan. 29, 2016 to decide on the undertakings....

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