World Cargo News kirjoittaa Konecranes/Cargotec mergeristä. Juttu on maksullinen, mutta rekisteröitymällä pääsee lukemaan 2 uutista viikossa ilmaiseksi. Lainaan kommentteja brittien kilpailuviranomaisilta. Itselleni uutena on tuotu ajatus Bromman aseman muuttumisesta tarttujatoimittajana.
For example, the UK Competition & Markets Authority (CMA) has released an “Issues Statement” outlining the wide range of topics it will cover as it considers whether the merger “may be expected to result in a substantial lessening of competition (SLC)” in the UK.
It will look at the container lifting equipment markets in detail and examine a range of “horizontal unilateral effects.” Its investigation so far “suggests” that impacts of the merger will include:
- The merged entity being the leading RTG supplier in Europe.
- Combining two of the main four RTG suppliers in the UK (the other two being ZPMC and Liebherr).
- Combining the “pre-eminent” ASC suppliers in Europe over the last ten years.
- Reducing ASC suppliers in the UK to three main companies, along with Kuenz and ZPMC.
- Creating the largest supplier of reach stackers in the UK, Europe and globally.
- Removing two “close alternatives” in reach stackers in the UK, where Konecranes and Kalmar compete with Hyster and Sany, and “to a lesser extent with CVS and Liebherr.”
- Creating “by far the largest supplier of heavy duty forklifts of more than 10t and particularly of forklifts with a higher lifting capacity, on a Europe-wide and UK-wide basis”. Alternatives for UK customers include Hyster, Sany, Linde and Svetruck.
- Creating the largest ECH supplier in Europe and UK, with the other main suppliers in the UK being Sany and Hyster.
The biggest “substantial lessening of competition” (SLC) in the port sector is in the straddle carrier market. The UK CMA said that the evidence available to it shows that: “(a) the Parties are the two main suppliers of straddle and shuttle carriers, with a combined share of supply of nearly [90-100%] on a UK-wide, Europe-wide and global basis; and (b) the Parties’ offerings are close alternatives for UK customers, with ZPMC being the only other supplier with any recent record of bidding for UK customers (with ultimately no success).”
The CMA is, therefore, discounting Liebherr as a straddle carrier supplier. Liebherr entered the straddle market around 10 years ago and sold machines in New Zealand and Ireland, though it is not known to have booked any orders over the last two years.
There is no avoiding the conclusion that the merger meets the CMA’s balance of probabilities test for an SLC in the straddle carrier market. The CMA would then consider what remedies might be appropriate, and whether a loss of competition would be balanced by other benefits of the merger.
The UK regulator is also taking a closer look at the vertical supply chain in equipment production and the issue of “input foreclosure” in the spreader market with regard to Bromma spreaders for yard cranes, mobile harbour cranes and mobile equipment spreaders.
In this regard the CMA wants to look at Bromma’s “market power upstream” and the extent to which a merged company “would have the ability and incentive to stop supplying crane spreaders or worsen the terms of supply” for other crane OEMs that use Bromma, making mention of Liebherr and Kuenz.