Labour ponders merger reform
Monday 14 September 1998
A shake-up of the present system had already been floated by Chancellor Gordon Brown before Peter Mandelson, Trade and Industry Secretary, faced calls to stand aside from BSkyB pounds 623m bid for Manchester United. But the controversy has given new impetus to Mr Brown's plan. Mr Mandelson said that he would look into whether a more independent element should be introduced into competition policy, but ruled out amending the Competition Bill now going through Parliament, so any reforms could be at least two years away.
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