Competition body says it expects many mergers due to Covid-19 crisis
The financial crisis caused by the pandemic is expected to put large, mature and cash-flush firms in a prime position to buy out their competitors
19 May 2020 - 18:18
The Competition Commission is reviewing its merger control procedures to better manage an expected deluge of merger applications expected to be brought about by the economic consequences of the Covid-19 pandemic.
The financial crisis caused by the Covid-19 pandemic is expected to put large, mature and cash-flush companies in a prime position to buy out their competitors. The commission says it expects consolidation in various sectors such as the aviation industry, which has been hit hard by the pandemic...
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