The OFT has used its ‘de minimis’ exception in deciding not to refer the completed acquisition of Cavalier Contracts by Stagecoach to the Competition Commission.
The OFT has found little overlap between the two operators, but it was concerned about operations on the forthcoming Cambridgeshire Guided Busway that is due to open in spring 2009.
Both Cavalier and Stagecoach were to make up two of the three operators on the route, however the OFT feels that the small size of the...
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