Archive for the ‘Company Law’ Category

Blind eye to competition hurdles for Lloyds HBOS merger

The Government will amend competition rules to allow the Lloyds TSB and HBOS merger to go through smoothly. Chancellor of the Exchequer Alistair Darling told BBC Radio 4’s Today programme that “Financial stability must trump competition”. Section 42 of the Enterprise Act 2002 provides scope for the intervention by Secretary of State in certain public [...]