The German Bundeskartellamt cleared a merger in the market for hospital services subject to remedies, including the divestiture of a 50% shareholding in another hospital (AKK GmbH/AKK Verein)

The operation On 2 August 2005 the Bundeskartellamt was notified of the proposed acquisition by AKK Altonaer Kinderkrankenhaus gGmbH (“AKK GmbH”) of Altonaer Kinderkrankenhaus (“AKK”) from Verein Altonaer Kinderkrankenhaus (“AKK Verein”). AKK (the target) is a children's clinic in Hamburg-Altona. AKK GmbH (the acquirer) is indirectly controlled by the City of Hamburg (“FHH”). AKK Verein (the vendor) is active in the market for clinical services in Hamburg through its AKK hospital. FHH is an indirect shareholder in LBK Hamburg GmbH (“LBK”). LBK operates seven major hospitals in Hamburg and is the dominant provider of general hospital services in Hamburg. It also has a 50% shareholding in Krankenhaus Bethesda

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Jonas S. Brueckner, The German Bundeskartellamt cleared a merger in the market for hospital services subject to remedies, including the divestiture of a 50% shareholding in another hospital (AKK GmbH/AKK Verein), 8 March 2006, e-Competitions March 2006, Art. N° 20771

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