The French Competition Authority prohibits a merger in the food retail market (Soditroy / Association des Centres Distributeurs E. Leclerc / Géant Casino)

The French Competition Authority (“FCA”) prohibited the proposed acquisition of the hypermarket retailer Géant Casino by its competitor E.Leclerc in the French city of Troyes. It found that the transaction would create a duopoly between the two remaining hypermarkets, Carrefour and E.Leclerc, risk increasing prices, and reduce the diversity of the offer for consumers. It is the first time the FCA has issued a merger prohibition. The European Commission and a number of EU NCA’s, including the FCA, have been very focused on the competition issues facing the food retail sector. The European Commission has set up a specific “Food Task Force” dealing with food retail and is investigating a purchasing

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Authors

  • Covington & Burling (Brussels)
  • Van Bael & Bellis (Brussels)

Quotation

Johan Ysewyn, Barbara Monti, The French Competition Authority prohibits a merger in the food retail market (Soditroy / Association des Centres Distributeurs E. Leclerc / Géant Casino), 28 August 2020, e-Competitions August 2020, Art. N° 97480

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