Skip to main content

CMA consults on draft Cement Market Data Order and undertakings

The CMA is consulting on measures to restrict the disclosure and publication of GB cement production and sales volume data.
Cement mixer truck

The measures are contained in 2 documents: the draft Cement Market Data Order and the draft final undertakings. The order proposes to restrict the disclosure and publication of production and sales volume data by cement producers in Great Britain (GB). 

In addition, the Competition and Markets Authority (CMA) proposes to accept the final undertakings offered by the Mineral Products Association (MPA) concerning the use of an independent third party for the collection and disclosure of production and sales volume data which it receives from GB cement producers.

New Cement Production Technology

The draft order and undertakings result from the Competition Commission’s (CC) investigation into the supply or acquisition of aggregates, cement and ready-mix concrete in GB. 

The CC had found that there were both structural and conduct features of the GB cement markets which combined to give rise to an adverse effect on competition through co-ordination by the largest GB cement producers in these markets. 

The CC imposed remedial action which required Lafarge Tarmac to sell one of its cement plants and Hanson to sell one of its ground granulated blast furnace slag (GGBS) plants to improve competition in the cement and GGBS markets. Both of these sales have been completed.

The CC also said that it would implement 2 further remedy measures aimed at reducing transparency in the GB cement markets, comprising: 
(a) a prohibition on suppliers of cement and cementitious products from sending their customers generic price announcement letters, which was implemented last month; and 
(b) restrictions on the disclosure and publication of GB cement production and sales volume data.

The CMA is inviting comments on the proposed final undertakings by 11 March 2016 and on the proposed Cement Market Data Order by 29 March 2016.

The draft order, undertakings and all other information relating to the investigation can be found on the investigation’s case page.

The CMA is the UK’s primary competition and consumer authority. It is an independent non-ministerial government department with responsibility for carrying out investigations into mergers, markets and the regulated industries and enforcing competition and consumer law. 

From 1 April 2014 it took over the functions of the CC and the competition and certain consumer functions of the Office of Fair Trading, as amended by the Enterprise and Regulatory Reform Act 2013 (ERRA).

Further Reading 

Buy-to-let investors 'could face losses'
Chinese authorities shut down microblogging accounts belonging to a real estate mogul

FT first 'Rightmove maintains grip in battle of property portals @onthemarketblog

Foxtons high street estate agent facing landmark claim for £2million from group of 55 landlords

Kettering high street letting agent jailed for ripping off tenants and landlords

Estate agent Sterling Estates fined for illegal display board on Common Lane, Kings
Langley by Dacorum City Council

Class War protest outside Kennington Road London High Street Estate Agents Reed and Rains

Antonio Banderas's £2.4million Huf Haus Surrey

Britain's most energy efficient smart homes and , UKs newest & tallest sky scraper building

Countrywide PLC, CWD revenue drops, pressure from Online Estate agents Alison Platt CEO under pressure

Melanie Griffiths promotes the property for sale

Spectre of facing Spanish fraud trial: Sean Connery's wife accused of 5.5 million pound property tax swindle

A MILLIONAIRE Cyber-stalked a property developer who he thought was seeing his girlfriend

GeoPhy Exodus from EU may spark correction in the rental market

Brexit , investor, impacts on the property market overall and on aggregate consumption in the economy will be limited. what Brexit means UK House prices

Spanish house prices 2015 see rise highest rise 2007 crash , stabilisation of housing market,

Robert Durst Real Estate develeoper , Indicted on Weapon and Drug Charges in Louisiana

Drug Lord Escobar’s Miami Home Demolished , mansion property of the devil dissapearing

How BlockChain may solve fraud in Real Estate property industry #CRE

Private palaces: Russia moves to hide property data

Iconic Building Lincoln House [Former Maharajah Palace and US embassy ] sold to business tycoon $113m

Wales hotel that was the scene of a quadruple murder has sold for £150,000

Pop-up housing could cut cost of London’s rental market & help UK housing Crisis

Bank of England's unease over market's rate view Carney & Shafik