The EU Commission approves, subject to remedies, an acquisition in the automotive battery sector (JCI / FIAMM)

Merger control: Main developments between 1 May and 31 August 2007* In May the Commission approved the acquisition by VB Autobatterie GmbH of Germany of the automotive battery business of the Italian FIAMM group. The approval decision was made subject to the implementation of certain conditions that remedy the competition concerns. The Commission’s in-depth market investigation confirmed initial concerns that the proposed acquisition, as originally notified, would significantly impede competition

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Authors

  • JG Associates (Brussels)
  • DG COMP (Brussels)

Quotation

John Gatti, Mary Loughran, The EU Commission approves, subject to remedies, an acquisition in the automotive battery sector (JCI / FIAMM), 10 May 2007, e-Competitions May 2007, Art. N° 37768

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