UK May Request EU Probe Of P&G's Sara Lee Deal

By Hilary Russ

Law360, New York (March 05, 2010, 1:05 PM ET) -- British competition regulators are mulling whether to refer Procter & Gamble Co.'s acquisition of Sara Lee Corp.'s air freshener unit to the European Commission for investigation.

The Office of Fair Trading published a notice on Friday expressing concern over possible negative effects the deal could have on competition within the U.K.

“[T]he OFT is considering whether the merger may affect trade between member states and may threaten to significantly affect competition within the territory of the U.K.,” the notice said.

“If it decides to grant any...
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