HC Deb 30 June 1986 vol 100 c375W
Mr. Arnold

asked the Secretary of State for Trade and Industry what is the policy of Her Majesty's Government on takeovers and mergers; and what recent representations he has received about this policy.

Mr. Howard

Our policy on takeovers and mergers is that references to the Monopolies and Mergers Commission should be made primarily on competition grounds. I believe that this policy has in general operated effectively. However, it has attracted attention in recent months as a result of the high level of merger activity; and my right hon. Friend announced on 5 June a review of law and policy on mergers and restrictive trade practices.

My right hon. Friend and I receive regular representations on aspects of mergers policy. We are inviting representations in the context of the review, in the first instance no later than the end of July.

Forward to