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The EU Commission clears, subject to remedies, the takeover of a Belgian oil company by a French oil group (Total / Petrofina)

"Mergers: Recent developments and important decisions"* The Commission cleared, subject to undertakings by the parties, the take over of the Belgian Oil Company PetroFina by Total. The operation raised competition concerns in the market for non-retail sales of fuels (i.e.,

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Authors

  • European Commission - DG TRADE (Brussels)
  • European Commission - DG TRADE (Brussels)

Quotation

Geraldine Emberger, The EU Commission clears, subject to remedies, the takeover of a Belgian oil company by a French oil group (Total / Petrofina), 26 March 1999, e-Competitions March 1999, Art. N° 39343

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