The German Competition Authority clears a joint venture in the retail sector (EDEKA / Budnikowsky)

Bundeskartellamt clears EDEKA/Budnikowsky cooperation* The Bundeskartellamt has cleared the launch of a joint venture between EDEKA and Budnikowsky. Andreas Mundt, President of Bundeskartellamt: "When we assess mergers in the retail sector we always have to examine the competitive conditions on the procurement and sales markets affected. On the procurement side both companies have less than a 15 per cent share of the German market for all drugstore products. Budnikowsky's increase in market share on the procurement side is quite small. On the sales side the companies achieve significantly higher market shares in Hamburg. However, Budnikowsky

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German Competition Authority, The German Competition Authority clears a joint venture in the retail sector (EDEKA / Budnikowsky), 19 May 2017, e-Competitions May 2017, Art. N° 84209

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