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Nfu Development Trust Ltd And Fmc Ltd

Volume 895: debated on Tuesday 15 July 1975

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asked the Secretary of State for Prices and Consumer Protection whether she has received the report of the Monopolies and Mergers Commission on the proposed merger between the NFU Development Trust Limited and FMC Limited; and whether she will make a statement.

Yes. My right hon. Friend received the report on 11th June, and it is being published today. The commission found that there was in existence a merger situation qualifying for investigation; and it has concluded that it may not be expected to operate against the public interest.