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Car auction merger faces deeper UK antitrust review

By Jon Menon ( October 13, 2025, 11:02 GMT | Insight) -- Constellation Developments’ buyout of ABVR Holdings is to be probed more deeply after the UK antitrust watchdog found that the merger of two of the country’s biggest used-vehicle auction companies could lead to higher prices and less choice for customers. The phase II review by the Competition and Markets Authority will be led by a different inquiry group than the one that steered the initial phase I investigation.Constellation Developments’ buyout of ABVR Holdings is to be probed more deeply after the UK antitrust watchdog found that the merger of two of the country’s biggest used-vehicle auction companies could lead to higher prices and less choice for customers....

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