Commitment decision: Commitments in ready-mix concrete sector successful
The ACM recently carried out follow-up checks with respect to the commitments made by companies in the ready-mix concrete sector.
The checks revealed that the commitments reduced anticompetitive risks in the sector. The commitments were made in 2016 by seven ready-mix concrete companies – which owned more than half of all ready-mix concrete plants – following the results of the ACM’s sector investigation. The investigation revealed that the close ties between the companies and/or their employees combined with the structure of the sector could be harmful for competition. The commitments involved structural changes to the companies involved and are binding for a period of ten years (until 2026).
According to the ACM’s recent follow-up checks, the main gains of the commitments have been the termination of the collaborations in ready-mix concrete plants with high combined market shares, and increased awareness of competition rules among the companies involved. This has resulted in increased transparency, which means anticompetitive risks in the sector have been reduced. The ACM does, nevertheless, still see room for improvement in the implementation of the commitments. As the improvements differ per company, the ACM has informed the companies on an individual basis.
ACM has indicated that it will carry out new follow-up checks within the next two years.
If you have any further questions on this issue or would like to receive more information, please contact your trusted adviser at the Loyens & Loeff Competition Team.