The EU Commission approves, subject to remedies, an acquisition leading to the creation of the world's largest producers of plastics and chemicals (Dow Chemical / Union Carbide)

Tretton, Walter; Marshall, Neil

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3 May 2000

The EU Commission approves, subject to remedies, an acquisition leading to the creation of the world’s largest producers of plastics and chemicals (Dow Chemical / Union Carbide)

KEYWORDS

Reference

EU Commission, Dow Chemical / Union Carbide, Case COMP/M.1671, 3 May 2000

"Merger Control: main developments between 1st May 2000 and 31st August 2000"* The acquisition by Dow Chemical of Union Carbide (UCC), creating one of the world’s largest producers of plastics and chemicals, posed competition concerns in three areas. The Commission found that without the remedies on which the adopted authorisation decision is conditional, the concentration would have led to the creation or strengthening of dominant positions in the markets

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Authors

Walter Tretton
European External Action Service (Brussels)

Belgium 36 contributions 11530 visits
Neil Marshall
Financial Conduct Authority (London)

United Kingdom 80 contributions 20063 visits

Quotation

Walter Tretton, Neil Marshall, The EU Commission approves, subject to remedies, an acquisition leading to the creation of the world’s largest producers of plastics and chemicals (Dow Chemical / Union Carbide), 3 May 2000, e-Competitions May 2000, Art. N° 39142

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