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Press conference by Commissioner Vestager on a merger decision and a cartel decision

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The European Commission has approved under the EU Merger Regulation the acquisition of Monsanto by Bayer. The merger is conditional on the divestiture of an extensive remedy package, which addresses the parties' overlaps in seeds, pesticides and digital agriculture.The European Commission has fined Elna, Hitachi Chemical, Holy Stone, Matsuo, NEC Tokin, Nichicon, Nippon Chemi-Con, Rubycon € 253 935 000. Together with the immunity applicant, Sanyo, they operated a cartel for the supply of aluminium and tantalum electrolytic capacitors between 1998 and 2012.
More info: Commission clears Bayer's acquisition of Monsanto, subject to conditions -   Commission fines eight producers of capacitors €254 million for participating in cartel -  

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Related photos

Press conference by Margrethe Vestager, Member of the EC
Press conference by Margrethe Vestager, Member of the EC
Reference: P-036643
Date: 21/03/2018

Credit © European Union, 2018