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36/03
28 August 2003
SAINSBURY REFERENCE
LAID ASIDE
The Competition Commission has laid aside
the reference concerning the proposed acquisition by J Sainsbury
plc of 171 Somerfield Stores from the “Springwater”
Bidding Group.
The reference was made to the Competition Commission on 30
July 2003 by Patricia Hewitt, Secretary of State for Trade
and Industry.
The Commission has concluded that J Sainsbury plc has, within
the terms of section 75(5) of the Fair Trading Act 1973, abandoned
the proposal to make arrangements for the acquisition. The
Commission has accordingly, with the consent of the Department
for Trade and Industry, laid the reference aside.
Notes to Editors
1. The reference was made by Patricia Hewitt, Secretary of
State for Trade and Industry on 30 July 2003 (see DTI news
release P/2003/424). It has been laid aside in accordance
with the provisions of section 75(5) of the Fair Trading Act
1973.
2. Sir Derek Morris, Competition Commission Chairman, wrote
to the Department of Trade and Industry on 22 August 2003
seeking consent for the reference to be laid aside (see Commission
news release 28/03).
3. Enquiries should be directed to Francis Royle, Press Officer,
Tel: 0207 271 0242
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