This case summary concerns an analysis of the Board’s Thales/Gemalto decision  regarding the acquisition of sole control over Gemalto N.V. (“Gemalto”) by Thales S.A. (“Thales”). The Board indicated that the aggregate market share of the parties would be relatively high in the enterprise key management market. However, upon its detailed evaluation and taking into account the specific characteristics of the relevant product market, the Board unconditionally approved the notified transaction upon concluding that the transaction would not result in the creation or strengthening of a dominant position in any product markets in Turkey, and in any case, determining that it would not have an appreciable effect or likelihood to impede competition in any product markets in Turkey. Background
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.