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Danspin-Lawton Yarns concessions might be accepted, UK CMA says

( November 19, 2019, 13:08 GMT | Official Statement) -- MLex Summary: Woollen yarn producer Danspin’s concessions over its purchase of rival Lawton Yarns might be accepted, the UK's Competition and Markets Authority has said. Danspin moved to remove competition concerns after the CMA said the two companies are each other’s main competitor, and could face little rivalry from other businesses after the merger. The regulator said the choice for carpet manufacturers following the merger would be particularly limited, as the other main competitors in the sector have only a small UK presence.Statement follows. The decision is attached....

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