Navigating the Razor's Edge: Anti-trust in the Global Cement Sector

No doubt, coordinated industrial activity can be good for the cement sector and ensure efficient allocation of capital that in emerging markets can help stop a drain on the foreign account, build domestic value, add capability and create jobs on a large scale. However, antitrust authorities in many markets have followed developments with a watchful eye.

As markets have evolved, so have competition authorities around the world and seemingly becoming more assertive. A series of recent antitrust enforcements in emerging countries is bringing the issue to the fore. Anti-competitive penalties imposed across the world in recent years against cement makers and industry associations in different countries, including Argentina, Korea, Pakistan, Romania, may indicate that antitrust agencies have become more activist in many countries around the world.

Read the rest of the article in the CemWeek Magazine, Issue 21.