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Powerful companies face advance notice requirements, tougher reviews under UK merger proposals

By Victoria Ibitoye ( July 20, 2021, 16:32 GMT | Insight) -- Companies with "Strategic Market Status" could be required to send a report to the UK’s competition regulator before completing their mergers and could see their deals assessed under a “revised probability standard” under proposals floated by the UK government. In a consultation on plans for the Digital Markets Unit, the government has walked back from some proposals floated by advisors.Companies with "Strategic Market Status" could be required to send a report to the UK’s competition regulator before completing their mergers and could see their deals assessed under a “revised probability standard” under proposals floated by the UK government....

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