Delay In Pearson/Harcourt Deal The UK’s Office of Fair Trading is examining Pearson’s acquisition of parts of Harcourt Education to see if it could “result in a substantial lessening of competition” in the UK education market, in which case they would refer it to the Competition Commission for further examination. The combined companies should have about a 23 percent share of the primary and secondary school market. Pearson Education executive John Fallon says, “The OFT enquiry is a matter of course in that, as Harcourt is the market leader in the UK, we fully expected that the OFT would want […]
