--U.K. Treasury Chief Rachel Reeves will outline plans to restrict how the Competition and Markets Authority carries out merger reviews, the FT reports citing government officials with knowledge of the plans.
--Reeves is expected to float changes to the two main tests the CMA uses to gauge whether it needs to open a probe into a company transaction, according to the FT.
--The move aims to "tighten" and "limit" the scenarios in which deals will face investigation, the FT reports.
Full story: https://tinyurl.com/mrueatsp
Write to Edith Hancock at edith.hancock@wsj.com
(END) Dow Jones Newswires
March 17, 2025 05:04 ET (09:04 GMT)
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