The Competition and Markets Authority (CMA) has opened an inquiry into Macquarie Asset Management’s proposed acquisition of a significant stake in Last Mile Infrastructure (Holdings) Limited.
The CMA’s investigation will determine whether the deal might lead to a substantial reduction in competition in the UK market or impact the ability of Ofgem to compare energy network operators.
The CMA has invited public comments on the matter, with a deadline for submissions set for 2nd August 2024.