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In a recent development, the UK’s Competition and Markets Authority (CMA) has terminated its investigation into alleged irregularities within the construction chemicals sector. This decision comes at a time when the CMA’s chair is reportedly stepping down from their position.

The CMA’s probe focused on potential anti-competitive behaviors concerning the distribution of chemical admixtures and additives used in products such as concrete, cement, and mortars. These substances are essential components in various construction materials and processes.

However, the CMA announced yesterday that the investigation is being closed, citing that it “no longer constitutes an administrative priority.” The authority clarified that this closure “does not amount to a statement or finding as to whether the parties to the investigation have infringed competition law, nor should any inference be made to that effect.”

Furthermore, the CMA emphasized that this decision does not rule out the possibility of reopening the investigation in the future. Should priorities shift or new evidence emerge that alters their assessment, the CMA reserves the right to revisit the case.

This move comes amidst reports of the CMA chair being compelled to resign, adding another layer of complexity to the organization’s current landscape.