BMC/PSC Merger for Monopolies Commission
27th August 1965, Page 38
27th August 1965
Page 38
Page 38, 27th August 1965
— BMC/PSC Merger for Monopolies Commission
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T"Eproposed merger of the Pressed Steel Co. with the British Motor Corporation has been referred to the Monopolies Commission by the Board of Trade. The Board is not making use of its powers to delay the merger or impose conditions upon it, but the Commission has been asked to investigate and report within six months; this is the first reference which has been made under the 1965 Act.
The Board of Trade stresses that this reference to the Commission does not in any way prejudge the question of whether a particular merger is contrary to the public interest.