Introductory text
MONOPOLIES AND MERGERS
Made 11th January 1989
Laid before Parliament 12th January 1989
Coming into force 12th January 1989
Whereas–
the Secretary of State, in the exercise of powers conferred on him by sections 69(2) and 75 of the Fair Trading Act 1973f1 (“the Act”) has today referred to the Monopolies and Mergers Commission for investigation and report the matters of the arrangements which, if carried into effect, would result in the enterprises of The General Electric Company, plc (“GEC”) and The Plessey Company plc (“Plessey”) ceasing to be distinct enterprises and in the enterprises of Siemens AG (“Siemens”) and Plessey ceasing to be distinct enterprises; and
in the opinion of the Secretary of State the doing of the things mentioned in articles 2 and 3(2) of this Order would constitute action which might prejudice those references or impede the taking of action under the Act which may be warranted by the Commission’s report on those references:
Now, therefore, the Secretary of State, with a view to preventing the doing of the things mentioned in articles 2 and 3(2) of this Order, and in exercise of powers conferred on him by sections 74(1)(a), 75(4) and 90(3) of the Act, hereby orders as follows:
Annotations
Footnotes
- f1