The UK Competition Commission refers for the first time a water merger to the Competition Commission which imposed a price reduction remedy (Mid-Kent Water / South-East Water)

Introduction By way of introduction, the Enterprise Act 2002, that put in place many changes to competition law in England and Wales, amended the Water Industry Act 1991 to provide that the Office of Fair Trading (OFT) was under a duty to refer the merger/proposed merger of any two or more water enterprises to the Competition Commission (CC). This was a marked change in who was responsible for taking decisions about mergers in the water sector as under the previous regime the CC made a recommendation to the Secretary of State, who was not bound to follow it. The acquisition by Macquarie Luxembourg Water Sarl (now Hastings Luxembourg

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  • Dirty Monty (London)

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Rachael Mooney, The UK Competition Commission refers for the first time a water merger to the Competition Commission which imposed a price reduction remedy (Mid-Kent Water / South-East Water), 1 May 2007, e-Competitions May 2007, Art. N° 13791

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