The EU Commission prohibits a merger in the platinum sector (Impala Platinum / Gencor / Lonrho)

"Mergers : Summary of the most important recent developments"* Following five months of detailed investigations, the Commission decided on 24th April 1996 to declare incompatible with the common market the proposed merger in the platinum sector between Impala Platinum, controlled by the South African company Gencor and Lonrho platinum division (LPD), a South African subsidiary of the British Company Lonrho PLC. Both Gencor and Lonrho have substantial operations in the European Union. The Commission considered that the merger would lead to the creation of a duopoly dominating the world market for platinum

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

Quotation

Kristin Schreiber, The EU Commission prohibits a merger in the platinum sector (Impala Platinum / Gencor / Lonrho), 24 April 1996, e-Competitions Bulletin Collective dominance, Art. N° 39560

Visites 210

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues