The Italian Competition Authority opens a monitoring proceedings for a conditionally cleared concentration in the ferry sector (CIN / Tirrenia)

By a decision made on 18 June 2013 the Italian Competition Authority (ICA) has opened a monitoring proceedings under Article 19 of the Competition Act n. 287/1990 against CIN and Moby to verify compliance with the conditional authorization of the CIN/Tirrenia merger in the ferry sector [1]. The transaction leading to the CIN acquisition of Tirrenia, an ailing publicly-owned ferry operator, was held to be likely to have a negative effect on the competition on the market for ferry services between Sardinia and Continental Italy. Eventually, the ICA cleared the merger by imposing on CIN and its majority shareholder, Moby, a set of remedies,

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  • Desogus Law Office (Cagliari)

Quotation

Michele Giannino, The Italian Competition Authority opens a monitoring proceedings for a conditionally cleared concentration in the ferry sector (CIN / Tirrenia), 26 June 2013, e-Competitions Bulletin June 2013, Art. N° 54258

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