The EU Commission authorizes an acquisition in the mining industry concluding that the change from joint to sole control does not give rise to new competition concerns (Caemi / CVRD)

von Koppenfels, Ulrich

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18 Jul 2003

The EU Commission authorizes an acquisition in the mining industry concluding that the change from joint to sole control does not give rise to new competition concerns (Caemi / CVRD)

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Reference

EU Commission, Caemi / CVRD, Case COMP/M.3161, 18 July 2003

"Merger control: main developments between 1st May and 31st August 2003"* In July the Commission authorised CVRD‘s proposed acquisition of sole control of Caemi, currently controlled by the Japanese iron ore trader Mitsui and CVRD. CVRD acquired joint control of Caemi as a result of a transaction that the Commission had cleared subject to conditions in October 2001. The Commission concluded that the change from joint to sole control did not give rise to new competition concerns. CVRD (Companhia

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Author

Ulrich von Koppenfels
DG COMP (Brussels)

Belgium 17 contributions 8115 visits

Quotation

Ulrich von Koppenfels, The EU Commission authorizes an acquisition in the mining industry concluding that the change from joint to sole control does not give rise to new competition concerns (Caemi / CVRD), 18 July 2003, e-Competitions July 2003, Art. N° 38412

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