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For competition reasons, he's reluctant to expand on the precise technicalities.
"I don't think anyone would have bracketed these two banks together until today because of competition reasons," said Keith Baird, an analyst at Oriel Securities in London.
Bought seven years ago by India's United Spirits, the Glasgow-based distiller had to be sold for competition reasons after Diageo acquired a controlling stake in United.
If the regulator decides that some of the LA Fitness gyms cannot be changed to Pure Gym clubs for competition reasons, it is likely that they will be sold on.
Lord Berkeley, secretary of the group, said: "It is very important for open access and competition reasons in the passenger market that the issue of getting safety approval for the trains through the tunnel is undertaken dispassionately and objectively".
Gala Coral boss Carl Leaver, who will be executive deputy chairman for 12 months, said there will be no shop closures, and any stores that have to be disposed of for competition reasons will be sold as a going concern.
Similar(52)
"I'd welcome it if everything was done to prevent an important and traditional car producer in Europe from dropping out of the competition for reasons it is not responsible for," says the industry commissioner, Günter Verheugen.
The stringency of an obligation is thus a consequence not of its weight or practice features, but of the fact that it supports the required action by special normative means, insulating it from the general competition of reasons.
It uses phrases such as all providers must be treated equally "particularly on the basis of ownership" and contracts can only be awarded without competition for "reasons of extreme urgency".
For devout believers in China, ABC's 320m customers, in a sector largely shielded from competition, are reason enough to go ahead regardless of turbulent conditions.
I said the other issue in play here was flawed competition, another reason Crash probably won its year.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com