The Hungarian Competition Authority restricts the scope and duration of ancillary restrictions in the context of a merger (Borealis / Dex)

I. Facts Borealis AG (“Borealis”) acquired sole control over Borealis Plastomers 1 BV (“BP1”) and Borealis Plastomers 2 BV (“BP2”). Through this latter transaction it also acquired indirect sole control over DEX-Plastomers V.O.F. (“DEX”) that was jointly controlled by BP1 and BP2 before the transaction. Borealis Group produces plastic and chemical industrial goods that are distributed worldwide by the group. DEX is producing plastic (plastomer and polyethylene) products in its factory in the Netherlands which are also distributed globally. The Competition Council (the decision-making body of the Hungarian Competition Authority, the “GVH”) indicated that the acquisition of direct sole control over BP1 and BP2 would each constitute a concentration in itself. However, since

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Authors

  • Dentons (Budapest)
  • Hungarian Competition Authority (Budapest)

Quotation

Tihamer Toth, Aranka Nagy, The Hungarian Competition Authority restricts the scope and duration of ancillary restrictions in the context of a merger (Borealis / Dex), 17 April 2013, e-Competitions April 2013, Art. N° 68842

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