Clause 73 - Restrictions on certain dealings: completed mergers
Enterprise Bill
11:00 am
Mr Douglas Alexander (Minister of State (E-Commerce and Competitiveness), Department of Trade and Industry; Paisley South, Labour)
I fear that we are confusing cause and effect. The terms on which the Competition Commission acts are consistent with the rigorous competition test outlined in the White Paper and the Bill. The reality of overlooking the need to stop divestment at a particular point, or at least to allow the commission to investigate, could well fit the circumstances described by my hon. Friend the
Member for Hemel Hempstead, not just in terms of employment, but in strategic decisions taken on shares, investment, employees or computer systems in the company. I hope that I have answered hon. Members' questions.
Question put and agreed to.
Clause 73 ordered to stand part of the Bill.
Clause 74 ordered to stand part of the Bill.