The Spanish Competition Authority cleared in phase II with remedies a merger in the maritime freight and passenger transport sector, after review and acceptance of the remedies by the Council of Ministries (Balearia / Buquebus)

The operation The merger involved the acquisition of 100% of Buquebus shares by Gestión Naviera, the parent company of Balearia. The transaction agreement contained a non-compete clause, which committed the selling party not to compete with the merged company in the market for freight and passenger maritime transport

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Daniel Domínguez Muñoz, The Spanish Competition Authority cleared in phase II with remedies a merger in the maritime freight and passenger transport sector, after review and acceptance of the remedies by the Council of Ministries (Balearia / Buquebus), 2 August 2007, e-Competitions August 2007, Art. N° 25285

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