Mergers in United Kingdom law is a theory-based regulation that helps forecast and avoid abuse, while indirectly maintaining a competitive framework within the market. A true merger is one in which two separate entities merge into an entirely new entity. In Law the term ‘merger’ has a much broader application, for example where A acquires all, or a majority of, the shares in B, and is able to control the affairs of B as such.[1]
^Richard, Whish; Bailey, David (2012). Competition Law. doi:10.1093/he/9780199586554.001.0001. ISBN 9780199586554.
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