In March 2014, following its provisional findings in the
previous month, the UK Competition Commission (UKCC) formally
cleared two mergers that resulted in the reduction of competitors
in the relevant markets from four to three and three to two
respectively.
The completed joint venture between Tradebe Environmental
Services Limited (Tradebe) and SITA UK Limited (Sita), and the
anticipated acquisition by Telefonaktiebolaget LM Ericsson
(Ericsson) of Creative Broadcast Services Holdings (2) Limited
(Creative), were referred to the UKCC by the UK Office of Fair
Trading (OFT) in late 2013. The OFT considered that the
transactions raised realistic prospects of a substantial lessening
of competition: (1) in the case of the Ericsson acquisition, in the
market for the provision of complex, highly reactive outsourced
linear playout services; and (2), in the case of the Tradebe/Sita
joint venture, in relation to the collection, processing and
disposal of healthcare risk waste