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European Metal Recycling gets fine for breach of UK merger-freeze order

( January 10, 2019, 12:37 GMT | Official Statement) -- MLex Summary: European Metal Recycling group has been fined 300,000 pounds by the UK’s competition regulator for breaching an order freezing it from integrating its business with Metal & Waste Recycling while the regulator probed the deal. The Competition and Markets Authority said European Metal Recycling failed to give the managing director of Metal & Waste Recycling the authority to make decisions without consulting it first, and directed Metal & Waste Recycling customers to make payments into its company bank account.The document is attached. ...

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