The French Competition Authority identifies competition problems in a proposed merger between supermarkets and requires the divestment of the hypermarket business as well as measures around the land leases (Parfait Group / Géant Casino La Batelière)

Distribution of food products in Martinique: the Parfait Group commits itself to divesting the Géant Casino La Batelière hypermarket in Martinique in response to competition problems identified by the Autorité de la concurrence*Background On 23 September 2021, the Parfait group notified the Autorité de la concurrence of a proposed merger leading to the acquisition of sole control of the Géant Casino La Batelière hypermarket on the one hand and of the commercial centre on the other. This notification followed Leclerc's withdrawal from the initial project, which had been notified to the Autorité de la concurrence on 10 April 2020. In this case, the Autorité identified risks of harm to competition in the hypermarket retail distribution markets, since the completion of the merger

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French Competition Authority, The French Competition Authority identifies competition problems in a proposed merger between supermarkets and requires the divestment of the hypermarket business as well as measures around the land leases (Parfait Group / Géant Casino La Batelière), 22 December 2022, e-Competitions December 2022, Art. N° 110231

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