"The role of quantitative analysis to delineate antitrust markets: An example. Blackstone / Acetex"*Introduction On 20 January 2005, the Commission received a notification for the proposed acquisition of Acetex, an active producer in the acetyls and plastic business, by Blackstone, a U.S. private merchant-banking company. One of the companies controlled by Blackstone, Celanese is active on the same product markets as Acetex. At the end of the first phase, the Commission decided to open an in-depth investigation, which eventually led to a full clearance. During the investigation one of the key issues was the delineation of the relevant geographic market for each product affected by the transaction. Because the products involved are considered chemical commodities, the definition of
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The European Commission receives a notification for the proposed acquisition of a producer in the acetyls and plastic business by a U.S. private merchant-banking company addressing the issue of the role of quantitative analysis to delineate antitrust markets (Blackstone/Acetex)
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