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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>We cannot comment on specific acquisitions nor the applicability
of the National Security and Investment regime.</p><p>It is the responsibility of
Competition and Markets Authority to assess the impact on consumers and competition
in the market, with input from sectoral regulators.</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 Competition and Markets
Authority to assist joint working. The notice is available at the following link:</p><p><a
href="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"
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>
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