Competition weekly news summary
Friday, April 9, 2010

Antitrust

  • Commission closes investigation into "Baltic Max Feeder" scheme
    26 March 2010
    In January 2010, the Commission opened an investigation into the "Baltic Max Feeder" scheme, whereby European feeder vessel owners agreed to jointly cover the costs of removing vessels from service. The investigation aimed to establish whether the scheme's purpose was to reduce capacity and, therefore, push up charter rates for such vessels. In response to the opening of proceedings by the Commission, Anchor Steuerberatungsgesellschaft mbH, the company at the origin of the scheme, informed the Commission in February that the planned scheme had been abandoned.
    Read more >

Mergers

  • Commission approves proposed creation of joint venture by Bosch, Deutz and Eberspächer
    7 April 2010
    The parties' activities would only overlap in the market for the manufacturing and supply of active regeneration systems for diesel particulate filters which include both burner-based active regeneration systems (such as the one to be used by the JV) and so-called HC dosers, which are currently supplied by Bosch. However, the Commission's investigation found that this overlap would not give rise to any significant competition concerns, in particular because other strong competitors are present on the market.
    Read more >
  • Commission to examine proposed acquisition of Sara Lee's air care unit by Procter & Gamble
    31 March 2010
    The Commission accepted a request by five Member States to assess the proposed acquisition of Sara Lee's Air Care business by Procter & Gamble under the EU Merger Regulation. The transaction did not qualify for EU one-stop shop review because the parties did not meet the triggering turnover threshold. However, the national competition authorities of Belgium, Germany, Spain, Portugal and the UK asked the Commission to examine the transaction.
    Read more >
  • Commission approves proposed acquisition of Samsung Digital Imaging by Samsung Electronics
    30 March 2010
    The Commission's investigation found that the new entity would not be in a position to limit access to memory semiconductors for competitors of Samsung Digital Imaging in the digital cameras market. Indeed, the merged entity will be constrained, in particular, by the presence of numerous alternatives in the memory semiconductors markets and the fact that memory semiconductors can be used in various applications outside cameras.
    Read more >
  • Commission clears Cisco's proposed acquisition of Tandberg subject to conditions
    29 March 2010
    The Commission approved the proposed acquisition of Tandberg, a vendor of videoconferencing products with dual headquarters in Norway and the US, by Cisco of the US. The approval is notably conditional upon the divestment of a protocol developed by Cisco for its videoconference solutions, called "TIP", to ensure the interoperability of the merged entity's products with those of its competitors. The Commission's investigation had identified serious competition concerns in some of these markets, due to interoperability issues between the merged entity's solutions and those of its competitors.
    Read more >
  • Commission approves Dassault Systèmes's purchase of IBM Dassault Systèmes PLM software business
    29 March 2010
    The Commission’s investigation showed that Dassault Systèmes and IBM DS are not regarded as competitors as, under their contractual arrangement, they each focus on selling to different types of customers. It also showed that the market structure for the supply of PLM software solutions is not significantly affected by the transaction, as IBM DS only distributes DS PLM software solutions to a defined set of customers pursuant to specific and limited distribution rights.
    Read more >
  • Commission authorises proposed acquisition of Cégélec by the Vinci Group
    26 March 2010
    The Commission's investigation confirmed that the parties' combined market shares were small and should be assessed in the light of the fact that they were regularly challenged through tender procedures. Moreover, the new entity would face competition from a large number of competitors at regional level, as well as from national firms.
    Read more >
  • Commission approves acquisition of Areva's power transmission and distribution business by Alstom and Schneider
    26 March 2010
    Schneider will acquire Areva's distribution business. The parties' activities significantly overlap in the production of circuit breakers, switchgears and distribution transformers, as well as in several sub-segments of this market. Alstom will acquire the transmission activities as well as a limited number of distribution activities of Areva. Alstom is not active in the same markets as the acquired businesses, but a vertical relationship arises from Alstom's activities in equipments for power plants and railway transport and Areva's activities in T&D equipment. For both transactions, the Commission concluded that the parties would continue to face competition from a significant number of credible players that supply the whole range of relevant products.
    Read more >

State aid

  • Anglo Irish Bank and INBS
    31 March 2010
    The Commission authorised under EU state aid rules an emergency recapitalisation worth up to €10.44 billion in favour of Anglo Irish Bank and €2.7 billion in favour of the Irish Nationwide Building Society (INBS) for reasons of financial stability. The Commission temporarily approved the measures for a period of six months. At the same time, the Commission opened an in-depth investigation on the total aid received so far by the Anglo Irish Bank and its restructuring plan.
    Read more >

Subscriptions:

Editorial and legal information

Published by the Competition Directorate General of the European Commission. The content of this publication does not necessarily reflect the official position of the European Commission. Neither the Commission nor any person acting on its behalf is responsible for the use which might be made of the above information.

© European Union, 2010. Reproduction is authorised provided the source is acknowledged.

Competition website