The EU Court of Justice confirms the Commission’s decision prohibiting a merger in the platinum and rhodium markets (Impala Platinum / Gencor / Lonrho)

"Comment on the Judgement of the Court of First Instance of 25 March 1999 in the merger case IV/M.619 - Gencor/Lonrho"* Gencor is a South African mining group controlling the South African platinum mining company Impala Platinum (“Implats”). Lonrho is a British company with interests in two South African platinum mines Western Platinum and Eastern Platinum both held through the Lonrho Platinum Division (“LPD”). In November 1995 Gencor and Lonrho notified a proposed operation whereby Implats and LPD were to be merged into a joint venture jointly controlled by Gencor and Lonrho. The Commission concluded that the proposed merger would create a situation of duopolistic dominance in the platinum and rhodium markets and prohibited the merger in April 1996. Subsequently Gencor filed an appeal

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  • European Commission - DG CLIMA (Brussels)

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Philip Owen, The EU Court of Justice confirms the Commission’s decision prohibiting a merger in the platinum and rhodium markets (Impala Platinum / Gencor / Lonrho), 25 March 1999, e-Competitions March 1999, Art. N° 39345

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