Submitted by Aidan Lambert on Wednesday 11th January 2023
Published on Monday 16th January 2023
Current status: Closed
Closed: Sunday 16th July 2023
Signatures: 25
Relevant Departments
Tagged with
Change ~ competition ~ COP26 ~ crisis ~ Damaged ~ Driving ~ Ensure ~ environment ~ Law ~ Prevent ~ Proven ~ Robust ~ The Environment ~ The Government ~ US
Add environmental damage as a public interest intervention ground for mergers
The Government must show a willingness and have the legal capability to intervene in mergers which would damage the environment. Competition legislation is a proven vehicle to drive social change and influence corporate decision making. Section 58 of the Enterprise Act should be amended to do this.
The climate crisis is something which affects all of us. Amending competition legislation to ensure the Government can intervene to prevent mergers that would be to the detriment of the environment is important. We believe COP26 will not result in sufficient action to protect the environment, and the Government must take more robust strives towards mitigating the environment through frameworks such as competition law.
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