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860922
registered interest false more like this
date less than 2018-03-13more like thismore than 2018-03-13
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading GKN: Melrose more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text If he will use his powers under the Enterprise Act 2002 to intervene in the takeover bid for GKN by Melrose. more like this
tabling member constituency Birmingham, Northfield more like this
tabling member printed
Richard Burden more like this
uin 904346 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-03-13more like thismore than 2018-03-13
answer text <p>Under the Enterprise Act 2002, Ministers can only intervene in mergers that raise public interest concerns on the grounds of national security, financial stability and media plurality.</p><p> </p><p>Public interest interventions are quasi-judicial in nature. It is important that Ministers act, and are seen to be acting impartially, on the basis of an open mind and on the evidence available.</p><p> </p><p>It is therefore not appropriate for me to comment.</p><p> </p><p>I continue to monitor this situation closely.</p> more like this
answering member constituency Tunbridge Wells more like this
answering member printed Greg Clark remove filter
question first answered
less than 2018-03-13T16:19:25.597Zmore like thismore than 2018-03-13T16:19:25.597Z
answering member
1578
label Biography information for Greg Clark more like this
tabling member
301
label Biography information for Richard Burden more like this