The competition watchdog has raised concerns over a planned merger between two specialist service providers that stock washrooms across the UK, reported The Financial Times.
The Competition and Markets Authority said on Monday that the proposed merger between Rentokil Initial and Cannon Hygiene, two of the three largest specialist providers of hygiene services in the UK, could result in a “substantial lessening” of competition in the sector, and that if it went ahead the companies could face “very limited competition”.
Rentokil’s purchase of Cannon Hygiene may lead to higher prices and lower quality for businesses buying products and services for washrooms, the CMA said.
The two companies install and maintain equipment such as sanitisers, feminine hygiene units, nappy bins and soap dispensers, across commercial, industrial and public buildings.
Full Content: Financial Times
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
