The acquisition of cooking gas supplier IGL has concentrated around 80 per cent of the market in the hands of Massy Group, enough to raise concerns about market dominance, but Jamaica’s Fair Trading Commission, FTC, has decided not to object to the.
Concerns are being raised about the impact Massy Holdings' pending US$140.3-million acquisition of IGL could have on the economy, especially with the joint entity set to have up to 90 per cent of .
MASSY Holdings has announced its intention to acquire IGL, using its Massy Gas Products Holdings subsidiary to effect the deal.
The Trinidad-based company said its board on Monday approved the ac.