Regulation of Mergers and acquisitions
Mergers and acquisitions are regulated by:
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Competition commission
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If office of fair trading thinks that merger may be against public interest, it can refer it to competition commission, which can reject or accept the proposal, or lay down certain conditions.
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City code
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This is a code which companies are expected to follow during a merger ortakeover. Administered by takeover panel.
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European commission
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Act against competition restrictions in EU. If Commission finds mergers incompatible with common market, it can prevent them
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