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Cable to adjudicate on BAE-EADS merger

Cable to adjudicate on BAE-EADS merger
Vince Cable is to be given 'quasi-judicial' powers over the proposed merger of defence firms BAE and EADS should the deal go ahead. Dr Cable will be given sole Government power over a move that is becoming increasingly politicised as concerns escalate over the possible national security implications. The Times reports that the merger would trigger an assessment under the Enterprise Act 2002, which requires the Business Secretary to approve mergers involving national security.

Green Box: Cable to adjudicate on BAE-EADS mergerClick to open

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