The French competition authority clears a merger in the urban and intercity passenger road transport sectors subject to remedies after an in-depth examination (Veolia Environnement / CDC)

In its decision dated 30 December 2010, the French competition authority (the «FCA») authorised, subject to certain commitments, the creation of a joint venture between Veolia Environnement(«Veolia») and the Caisse des Dépôts et Consignations (the «CDC») that will combine their respective transport subsidiaries, Veolia Transport and Transdev (the «concentration»). The transaction led to the acquisition of joint control by Veolia and the CDC over the newly established entity. The decision was adopted following an in-depth (phase II) investigation. This is the second decision adopted by the FCA following an in-depth

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Sergio Sorinas, Grégoire Colmet Daâge, The French competition authority clears a merger in the urban and intercity passenger road transport sectors subject to remedies after an in-depth examination (Veolia Environnement / CDC), 30 December 2010, e-Competitions Bulletin December 2010, Art. N° 38170

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