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<p>As an open economy, this Government welcomes and encourages investment where it
supports the Prime Minister’s goal of boosting UK growth and jobs, meets our stringent
legal and regulatory requirements, and does not compromise our national security.
The Government has robust powers under the National Security & Investment Act,
which it introduced, to block or impose remedies on transactions that pose a national
security risk.</p><p> </p><p>As you will appreciate, we cannot comment on specific
acquisitions nor the applicability of the National Security and Investment regime.</p><p>
</p><p>It is the responsibility of the Competition and Markets Authority (CMA) to
assess the impact on consumers and competition in the market, with input from sectoral
regulators.</p><p> </p><p>The Investment Security Unit works closely with the Competition
and Markets Authority on cases that are being considered for both national security
and competition reasons. A memorandum of understanding has been agreed between the
Investment Security Unit and the CMA to assist joint working. <a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.gov.uk%2Fgovernment%2Fpublications%2Foperation-of-the-national-security-and-investment-act-2021-memorandum-of-understanding%2Fmou-between-beis-and-the-cma-on-the-operation-of-the-national-security-and-investment-act-2021&data=05%7C01%7CFreddy.Blake%40beis.gov.uk%7C66698c2d5f834a3f46ad08db6d85c021%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C638224193474270158%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=M1YIDUL59MdWLn1ui7yeIU0L5vwKLPTODuZAQHHSzs8%3D&reserved=0"
target="_blank">https://www.gov.uk/government/publications/operation-of-the-national-security-and-investment-act-2021-memorandum-of-understanding/mou-between-beis-and-the-cma-on-the-operation-of-the-national-security-and-investment-act-2021</a>.</p><p>
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