( August 6, 2021, 13:08 GMT | Official Statement) -- MLex Summary: Cargotec and Konecranes will see the in-depth UK review of their planned merger consider the extent of competition between them and their rivals, with a focus on customer preferences and requirements and "the extent to which entry or expansion, including by Chinese suppliers, is likely to constrain the parties," the Competition and Markets Authority inquiry group said today. In an issues statement on the scope of the phase II probe, it said it will also consider vertical theories of harm such as whether Bromma, a Cargotec company, would have the ability and incentive to stop supplying spreaders — used to by cranes to lift containers — or worsen the terms of supply to foreclose rivals.Statement follows. The issues statement is attached....
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