Affected market: Retail sale of books, stationery, gifts and toys
On the basis of the information available to it, the Office of Fair
Trading has decided that the completed acquisition of The Laughing Gull
Company Limited by Premier Direct Group PLC does not qualify for
investigation under the mergers provisions of the Enterprise Act 2002
(the Act), because neither the UK turnover test nor the share of supply
test in section 23 of the Act is met. A relevant merger situation has,
therefore, not been created.