The French Competition Authority clears a merger, subject to remedies, in the market of retail of cultural and electronic products (Fnac / Darty)

RETAILING OF "BROWN" AND "GREY" PRODUCTS* The Autorité de la concurrence clears, subject to the divestiture of 6 stores in Paris and the Parisian region, the acquisition of the Darty company by the Fnac group On 17 February 2016, the Fnac group notified its project to take over Darty to the Autorité de la concurrence. On 23 March 2016, the Autorité opened up an in-depth investigation (phase 2) to look into, in particular, the competitive pressure exerted by online sales actors on retail markets of electronic products and its consequences on the delimitation of markets concerned by the transaction. For the first time, the Autorité has defined a market including in-store and online retail channels The Autorité develops its market assessment and considers that retail distribution of

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French Competition Authority, The French Competition Authority clears a merger, subject to remedies, in the market of retail of cultural and electronic products (Fnac / Darty), 17 February 2016, e-Competitions February 2016, Art. N° 80293

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