asked the Minister for Industry and Commerce whether he intends to introduce legislation to provide for control of take-overs and mergers in industry.
Ceisteanna—Questions. Oral Answers. - Industrial Mergers.
26.
I am having a Bill drafted to provide for the investigation and control of mergers and take-overs which are likely to restrict competition and I am also considering whether it is feasible to provide for control on other grounds.
Does this apply to the distributive trades as well as to industry?
Yes.
The question relates to industry. Will it apply to distribution as well?
Yes, any merger, takeover, creation of a monopoly.
No matter at what level?
Yes.