Statutory Instruments
MONOPOLIES AND MERGERS
Made
26th June 1989
Laid before Parliament
27th June 1989
Coming into force
27th June 1989
Whereas–
(1) the Secretary of State, in the exercise of powers conferred on him by sections 69(2) and 75 of the Fair Trading Act 1973(1) has today referred to the Monopolies and Mergers Commission for investigation and report the matter of the arrangements which, if carried into effect, would result in the enterprises of Coats Viyella plc (“Coats”) and Tootal Group plc (“Tootal”) ceasing to be distinct enterprises; and
(2) in the opinion of the Secretary of State the doing of the things mentioned in Article 2 of this Order would constitute action which might prejudice the reference or impede the taking of action under the said Act which may be warranted by the Commission’s report on the reference:
Now, therefore, the Secretary of State, with a view to preventing the doing of the things mentioned in Article 2 of this Order, and in exercise of powers conferred on him by sections 74(1)(a) and 75(4) of the said Act, hereby orders as follows: