07/02
30 January 2002
P&O PRINCESS CRUISES PLC/ROYAL CARIBBEAN CRUISES LTD:
COMPETITION COMMISSION INVITES EVIDENCE
Patricia Hewitt, Secretary of State for Trade and Industry,
has asked the Competition Commission to look into the proposed combination
of cruise holiday operations by P&O Princess Cruises PLC (P&O) and
Royal Caribbean Cruises Ltd (Royal).
The Commission will look at all aspects of the merger's likely
effects on the public interest. The Commission has been asked to report to
the Secretary of State for Trade and Industry by 20 May 2002. The report will
be published later.
The Commission would like to hear from all interested parties
in writing by 13 February 2002. If you wish to submit evidence please write
to:
The Reference Secretary (P&O/Royal)
Competition Commission
New Court
48 Carey Street
London WC2A 2JT
Denise Kingsmill, one of the Commission's deputy chairmen, will chair the
inquiry. The other members of the group are Anthony Clothier, Peter Hazell,
Professsor Paul Klemperer and Jeremy Seddon.
Notes to Editors
- The reference was made under the Fair Trading Act 1973 on 29 January 2002
(see DTI News Release P/2002/055).
- Further information about this inquiry can be obtained from the Commission's
website at www.competition-commission.org.uk
- Enquiries should be directed to: Francis Royle, Press Officer, tel: 020
7271 0242
Group Members
Mrs D Kingsmill (Chairman)
Mr A Clothier
Mr P Hazell
Professor P Klemperer
Mr J Seddon
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