Thomas Cook, Co-Op Seek Quick Antitrust Review

Law360 (February 15, 2011, 3:34 PM EST) -- Thomas Cook Group PLC and Co-operative Group Ltd. have asked U.K. antitrust regulators to fast-track their review of the proposed merger between the two travel agencies.

In a statement, Thomas Cook said it expected the U.K. Office of Fair Trading to refer the case to the country's Competition Commission within the next three weeks. The Competition Commission review could take as long as six months.

Under U.K. antitrust practices, the OFT first reviews a proposed merger and then refers it to the Competition Commission if any...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.