The French Competition Authority clears the creation of a joint undertaking subject to remedies in VAT refund services markets (Global Blue / Planet Payment)

The Autorité de la concurrence clears, subject to conditions, the creation of the Cash Paris Tax Refund company by Global Blue and Planet Payment* A transaction referred by the European Commission On 21 August 2018, the European Commission referred to the Autorité de la concurrence the review of the creation of a joint undertaking by Global Blue and Planet Payment, considering among other reasons that the transaction mostly produced its effects in France and that the French authority was therefore best-placed to assess the competition impact. Named “Cash Paris Tax Refund”, this company offers VAT refund services to international travellers in Paris-Charles de Gaulle and Orly airports. Parties to the transaction Global Blue France (henceforth referred to as « Global Blue ») is a

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French Competition Authority, The French Competition Authority clears the creation of a joint undertaking subject to remedies in VAT refund services markets (Global Blue / Planet Payment), 28 December 2018, e-Competitions Bulletin December 2018, Art. N° 88791

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