AstraZeneca (Pfizer Bid) Debate

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Ann McKechin

Main Page: Ann McKechin (Labour - Glasgow North)
Tuesday 6th May 2014

(10 years, 6 months ago)

Commons Chamber
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Vince Cable Portrait Vince Cable
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The European Commission must make up its own mind about whether it wishes to investigate this matter, but it will do so from the standpoint of competition policy, which implicitly takes into account consumer benefit.

Ann McKechin Portrait Ann McKechin (Glasgow North) (Lab)
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In assessing the credibility of Pfizer’s claim, does the Secretary of State intend to consult trade union representatives of the many workers of AstraZeneca, who are obviously deeply concerned about their future?

Vince Cable Portrait Vince Cable
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I am always happy to meet trade union representatives. I have already made this point briefly, but changes introduced to the takeover panel operations in 2010, when I came into the Government, include additional provision for consultation with the work force. I hope that the parties concerned recognise and act on that.