OFT calls for European Commission view on Sara Lee acquisition

by
Proctor & Gamble's proposed take over is causing monopoly worries
The proposed takeover is causing monopoly worries

Proctor & Gamble’s proposed acquisition of Sara Lee’s air care business has led the OFT to recommend a European Commission investigation of its UK aspects.

It said the acquisition qualifies for an investigation by a significant number of EU Member States, in response to competition concerns as a result of the merger.

Proctor & Gamble owns the air-freshener brand Febreeze, while Sara Lee owns the Ambi Pur air care range.

The OFT is pushing for single European Commission investigations for the UK and those members wishing to transfer jurisdiction to it.

Details of the non-confidential version of the OFT’s request will be posted on its website.

Autopromotec opens

Autopromotec running now

Read More

Autopromotec about to go live

International show set to open after long absence

Read More

Leamoco and M1 acquired by AAG

Former IFA and Groupauto member

Read More

In Pictures: It’s a wrap for Fleet Factors

TMD branding on Teeside-based chain’s vehicles

Read More

DVLA ‘ghost records’ highlight EU driving licence loophole

Licence holders that do not update details are causing a headache for insurers

Read More

Go to comments

Your email address will not be published. Required fields are marked *