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Written question asked by Chi Onwurah (Labour) on Monday, 18 December 2017, in the House of Commons. It was due for an answer on Wednesday, 20 December 2017. It was answered by Margot James (Conservative) on Friday, 22 December 2017 on behalf of the Department for Business, Energy and Industrial Strategy.


Competition and Markets Authority: Public Interest

Question

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential merits of expanding the remit of the Competition and Markets Authority to create a research and development public interest test for proposed mergers and takeovers.

Answer

Under the Enterprise Act 2002, decisions on public interest interventions are matters for Ministers. Public interest interventions can be made in cases that raise concerns in relation to national security, financial stability and media plurality. The Government has no plans to expand these categories.


Secondary information

Type
Written question
Reference
120182
Session
2017-19
Subjects
Functions Public interest Mergers Research Takeovers Competition and Markets Authority
Link
View this Written question on www.parliament.uk