Certainly any country can claim for itself all manner of powers, which sometimes will run up against limits of enforcement capability. The OPs question only makes sense if understood in a normative sense: even if they can, what gives them the right? or, is it a good idea?
We can assume for certain, I think, that UK regulators operate within a set of rules, and in many cases they will not have the power to interfere with an acquisition between two foreign businesses - for good reason. Regulators in other countries may not have the power to stop this particular deal in the first place.
Maybe the powers of UK regulators need to be further restricted.
We can assume for certain, I think, that UK regulators operate within a set of rules, and in many cases they will not have the power to interfere with an acquisition between two foreign businesses - for good reason. Regulators in other countries may not have the power to stop this particular deal in the first place.
Maybe the powers of UK regulators need to be further restricted.