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Emeritus Prof Christopher May
Emeritus Prof Christopher May
@ChrisMayLA6@zirk.us  ·  activity timestamp 21 hours ago

Labour has decided in its 'reform' of the Competition & Market Authority (that rules on whether mergers can go ahead) to include removal of the independent panel that judges whether mergers might be/are anti-competitive.

So once again, we are in a situation where the Govt. would prefer business to mark its own homework (because that's how you 'support' economic growth, natch) and reduce/halt independent scrutiny.

Whether they will stick with it is another Q.?

#CMA #mergers #economics

h/t FT

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