UK: OFT sets deadline for Interbrew/Bass dispute
By Chris Brook-Carter | 6 June 2001
The UK's Office of Fair Trading has set a deadline of 20 June for further comments into the £2.3bn takeover by Interbrew of the UK brewer Bass, according to reports by the BBC today. The UK government ordered in January that the acquisition be reversed over fears it would cause an uncompetitive duopoly, which woul dbe damaging to the industry and harm consumer choice and pockets.
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The UK's Office of Fair Trading has set a deadline of 20 June for further comments into the £2.3bn takeover by Interbrew of the UK brewer Bass, according to reports by the BBC today. The UK government ordered in January that the acquisition be reversed over fears it would cause an uncompetitive duopoly, which woul dbe damaging to the industry and harm consumer choice and pockets.
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