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Albright And Wilson

Volume 951: debated on Tuesday 13 June 1978

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asked the Secretary of State for Prices and Consumer Protection what representations he has received from trades unions and others against the proposed takeover of Albright and Wilson by the United States conglomeration Tenneco; and if he will make a statement regarding reference to the Monopolies and Mergers Commission.

My right hon. Friend has received one letter from a trade union expressing concern about this proposed merger. I understand that the Office of Fair Trading has also received similar representations from a number of trade unions and the Director General will no doubt take these into account in providing advice on the merger. My right hon. Friend will announce as soon as possible whether a reference is to be made to the Monopolies and Mergers Commission.