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05/01
22 February 2001
REED ELSEVIER/HARCOURT GENERAL
COMPETITION COMMISSION SEEKS EVIDENCE
Kim Howells, Competition and Consumer Affairs Minister,
has asked the Competition Commission to look into the proposed acquisition
of Harcourt General Inc by Reed Elsevier Inc.
The Commission will look at competition concerns relating
to the market power the merged companies would have in scientific, technical
and medical journals, and will consider whether the proposed acquisition
may be expected to operate against the public interest. The Commission
will report to the Secretary of State for Trade and Industry by 28 May
2001. The report will be published later.
The Commission would like to hear from all interested
parties, in writing, by 9 March 2001. To submit evidence please either
write to:
The Reference Secretary (Reed)
Room 565
Competition Commission
New Court
48 Carey Street
London WC2A 2JT
Or email: info@competition-commission.org.uk
Arthur Pryor, one of the Commission’s members, will
chair the inquiry. The other members of the group will be appointed shortly.
Notes to Editors
- The reference was made under the Fair Trading Act 1973 on 21 February
2001 (see DTI Press Notice P/2001/92).
- Further information can be found on the Commission website: www.competition-commission.org.uk
- Enquiries should be directed to: Francis Royle, Press OfficerTel:
020 7271 0242
Group Members
Mr A Pryor (Chairman)
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