The German Minister for Economics and Energy conditionally approves a merger in the retail sector despite a previous prohibition decision by the Competition Authority (EDEKA / Tengelmann)

On 12 January 2016, the German Minister of Economics and Technology (Minister of Economics), Sigmar Gabriel, announced his intention to conditionally approve the proposed merger of retail chains EDEKA and Tengelmann by way of ministerial approval. The ministerial approval is a legal instrument in German competition law which is rarely used. EDEKA seeks to acquire its deficient and smaller competitor, Tengelmann, which operates approximately 450 affiliates and employs approximately 16,000 people in Germany. The German Federal Cartel Office (the FCO) prohibited the proposed merger in April 2015 due to competition concerns. However, following the

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  • King & Wood Mallesons (Munich)

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Tilman Siebert, The German Minister for Economics and Energy conditionally approves a merger in the retail sector despite a previous prohibition decision by the Competition Authority (EDEKA / Tengelmann), 12 January 2016, e-Competitions Bulletin January 2016, Art. N° 80288

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