The French Ministry of Economy clears a merger in the food sector subject to an upfront buyer solution and a trademark differentiation agreement (Panzani / Lustucru)

The operation The Minister granted conditional clearance to a merger between Panzani and Lustucru, which respectively held the first and the third position on the market for pasta. The market(s) concerned The relevant markets have been defined as the markets of dry and fresh pastas. Remedy 1: Divesture The Minister considered that, post-merger, the new entity would hold a dominant position on the dry pastas market with a market share of [40-50] %. In order

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Author

  • French Competition Authority (Paris)

Quotation

Stanislas Martin, The French Ministry of Economy clears a merger in the food sector subject to an upfront buyer solution and a trademark differentiation agreement (Panzani / Lustucru), 17 May 2002, e-Competitions May 2002, Art. N° 22047

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