The French Competition Authority fines a retailer and distributor of electronic products for failing to comply with its merger remedies (Fnac / Darty)

Fnac's acquisition of Darty* The Autorité de la concurrence fines Fnac Darty Group €20 million for failing to divest itself of three stores, which was the pre-condition for clearance of the transaction. The Autorité also orders Fnac Darty to divest itself of two stores in lieu of those that it failed to sell. The Autorité had cleared, in 2016, the transaction on condition that Fnac Darty divest six stores in Paris and the Parisian region In 2016, when it examined Fnac's acquisition of Darty, the Autorité de la concurrence noted that the transaction was likely to harm competition in the retail markets for brown (televisions, hi-fi and audio equipment) and grey products (personal computers,

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French Competition Authority, The French Competition Authority fines a retailer and distributor of electronic products for failing to comply with its merger remedies (Fnac / Darty), 27 July 2018, e-Competitions Bulletin July 2018, Art. N° 87841

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