Skip to main content

Proceeding contribution from Ian Lucas (Labour) in the House of Commons on Tuesday, 26 January 2010. It occurred during Adjournment debate on Cadbury.


Cadbury

If the hon. Gentleman is patient, I shall discuss the Government's powers. We are determined that the levels of investment in Cadbury UK are maintained and that, at a time when people are worried about their jobs, the utmost is done to secure those jobs. A number of concerns have been raised both in the House and in the media about the proposed takeover, and I wish to deal with each in turn. The first relates to the suggestion that the Government could have done more to intervene. Let me make it clear that the Government have no statutory power to intervene in this case. The relevant independent competition authorities are responsible for considering whether it gave rise to any concerns about a possible loss of effective competition. Ministers have the power to intervene in merger cases only where they raise specific concerns relevant to a legitimate public interest such as national security. There seems no reason to consider that such an intervention would be appropriate in this particular merger.


Secondary information

Type
Proceeding contribution
Reference
504 c787-8 
Session
2009-10
Chamber / Committee
House of Commons chamber
Subjects
Companies Employment Takeovers Economic recession Cadbury Kraft Foods
Link
View this Proceeding contribution on www.publications.parliament.uk