I know it’s scarcely credible, but I was wrong in my guess that the government would legislate to avoid competition procedures entirely in the LLoyds TSB-HBOS merger: an anonymous commenter here, and Angelo Basu at ConservativeHome’s CentreRight […]

I’ve been wondering how, legally, the government will exempt the Lloyds TSB-HBOS merger from competition law; some of the reports about this are understandably fairly vague.

So long as both Lloyds TSB and HBOS receive over two thirds […]

Here’s the vast, 450-paragraph judgment of Andrew Smith J in OFT v Abbey and others, a judgment that will depress those poor banks even more, though it will cheer up money saving experts, impoverished law students, […]