Vacant property security firms' merger criticised by Competition Commission

Advertise here

Published by Max Salsbury for 24dash.com in Housing and also in Legal

The planned merger of two of the country's largest suppliers of security for vacant properties has been criticised by the Competition Commission (CC).The CC has provisionally warned that VPS Holdings Ltd's intended aquisition of SitexOrbis Holdings Ltd could harm competition and lead to higher prices for customers.The firms specialise in the security of vacant property, and count local authorities, residential and commercial landlords, retailers and insurance firms among their clients.A summary of...

Read full article...