In recent years there has been a substantial increase in the number of mergers and takeovers in the UK referred by the Office of Fair Trading to the Monopolies and Mergers Commission for investigation and report. This reflects an ongoing concern of the UK competition authorities with the maintenance and promotion of competitive markets. Surveys UK merger policy alongside a concurrent development – the introduction in 1990 of a new supranational Merger Regulation by the European Community. Outlines the regulatory frameworks operating in the UK and EC and highlights particular points of interest in the application of policy control by reference to selected merger cases.
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