Cement News tagged under: monopoly
Russian monopoly watchdog blocks Atakaycement acquisition12 January 2022, Published under Cement NewsRussia’s Federal Antimonopoly Service (FAS) has blocked the acquisition of Atakaycement by AO Actual Investments and OAO Novoroscement. FAS concluded after a market analysis that if the transaction went ahead, the aggregate share of the corporate group Actual Investments, Novoroscement and Atakaycement in the Southern and Northern Caucasus federal districts would exceed 50 per cent in terms of sales and production capacity. The acquisition would enable Actual Investments and Novoroscemen... |
Calls for higher cement prices in Sarawak to be investigated24 June 2019, Published under Cement NewsMalaysia’s Ministry of Finance has called for an investigation to determine whether monopolistic practises by the local cement industry in Sarawak is the cause of high cement prices in the state. "Cement is a basic building material and a drastic price increase will inevitably feed into the economy negatively, and eventually hurt consumers. At the same time, cement prices in Sarawak that are markedly higher than in Peninsular Malaysia should be further examined to determine whether it is ... |
India moves towards ending coal monopoly21 October 2014, Published under Cement NewsThe Indian government has taken a cautious step towards ending the coal monopoly as its plans to allow private players to mine and sell coal, a move that is expected to benefit cement companies amongst others. The cabinet has approved auction of 74 of the recently-cancelled 204 coal blocks in the next 3-4 months. While state-owned companies will be allocated coal blocks on a priority basis and will not have to bid in the auction, private companies will be able for the first time to buy bl... |
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