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UK Competition Round-up: NSI Act 2021 Final Order on Versarien; CAT Claim Withdrawn in Circadian v Carey (construction bid-rigging); Key Dates — 21 August 2025

Published on: 21 August 2025

Published by a LexisNexis Competition expert
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National Security and Investment Act 2021

The Cabinet Office has issued a Final Order under the National Security and Investment Act 2021, barring the proposed acquisition of Versarien Plc’s tangible and intangible assets by the prospective UK Joint Venture Co and Anhui Boundary Innovative Materials Technology Co Ltd—see further, final order NOTE—For a summary of transactions in which the UK government has intervened on national security grounds under the National Security and Investment Act 2021, see further, Government interventions on national security grounds—cases tracker.

Private actions

The CAT has released an order dated 19 August 2025 in Circadian Limited v Carey Group Limited & Others, a damages claim brought under section 47A of the Competition 1998 against Carey Group Limited, PJ. Carey Plant Hire (Oval) Limited, and T.E. Scudder Limited, stemming from the CMA’s Supply of construction services decision finding 10 suppliers of demolition and asbestos services engaged in bid‑rigging via cover pricing and related compensation arrangements. The order approves withdrawal of the claim following a settlement—see further, order NOTE—For all live private actions in the UK that have been made public, see further, UK private actions—ongoing cases tracker.

Upcoming dates

For forthcoming UK competition milestones, see further, UK Competition calendar...

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