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)

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Reference

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

  • European External Action Service (Brussels)
    Belgium 36 contributions 11176 visits
  • Financial Conduct Authority (London)
    United Kingdom 80 contributions 19335 visits
  • DG COMP (Brussels)
    33 contributions 8317 visits

Quotation

Walter Tretton, Neil Marshall, Anna Papaioannou, 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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