AstraZeneca (Pfizer Bid) Debate

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Philip Hollobone

Main Page: Philip Hollobone (Conservative - Kettering)
Tuesday 6th May 2014

(10 years, 2 months ago)

Commons Chamber
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Vince Cable Portrait Vince Cable
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The hon. Gentleman is making an exaggerated contrast between the two companies, but he is right to say that AstraZeneca has an ambitious and attractive long-term investment plan. We have encouraged that as part of the industrial strategy, and we want to see it fulfilled.

Philip Hollobone Portrait Mr Philip Hollobone (Kettering) (Con)
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Will the Secretary of State confirm that if the public interest test is applied, it will ultimately be a decision for the European Commission?

Vince Cable Portrait Vince Cable
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I have already quoted a former Labour Minister, the hon. Member for Wrexham (Ian Lucas), explaining the key role that the European Commission applies in this area.