Merger changes - the main points

COMBINED market share of the four biggest firms should be less than 40 per cent.

COMBINED market share of the four biggest firms should be less than 40 per cent.

. Neither company should own 35 per cent of market.

. If the four biggest firms do have a market share of more than 40 per cent, there should be no significant barriers to entry by other companies.

. Or, there should be a reasonable chance that they will face competition from imports.

. "Noncompete" clauses limited to geographical area, and to two years, or five years for a business reliant on secret technical knowledge or know how.

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