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Statutory Instruments
MONOPOLIES AND MERGERS
Made
23rd May 1995
Laid before Parliament
23rd May 1995
Coming into force
13th June 1995
The Secretary of State, in exercise of the powers conferred on him by section 58(5) of the Fair Trading Act 1973(1), hereby makes the following Order:
1. This Order may be cited as the Fair Trading Act (Amendment) (Newspaper mergers) Order 1995 and shall come into force on 13th June 1995.
2. In section 58(4) of the Fair Trading Act 1973, for “25,000” there shall be substituted “50,000”.
Jonathan Evans,
Parliamentary Under-Secretary of State for Corporate and Consumer Affairs,
Department of Trade and Industry
23rd May 1995
(This note is not part of the Order)
This Order increases the threshold below which the Secretary of State has a discretion to give his consent to a newspaper merger requiring his consent without referring the matter to the Monopolies and Mergers Commission for investigation and report.
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