The Competition Commission (CC) has not approved the merger of two vacant property security firms.VPS Holdings Ltd's acquisition of SitexOrbis Holdings Ltd was referred to the CC by the Office of Fair Trading in March this year.The CC provisionally held that the completed acquisition could harm competition in the UK. Since then, the two companies have been operating separately.Both firms specialise in the security of vacant property, and count local authorities, residential and commercial landlords,...
