The Office of Fair Trading (OFT) has referred Stagecoach Bus Holdings Limited's acquisition of Eastbourne Buses Limited and Cavendish Motor Services to the Competition Commission for further investigation. Despite the fact that the market is relatively small, valued at only around £6m per year, the OFT decided that the deal might still raise serious competition concerns since it could result in the removal of competition for bus services in the Eastbourne area.
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