The French Competition Authority blocks the takeover in the transport sector (Pipeline Méditerranée-Rhône / Ardian)

Hydrocarbon transport by pipeline: the Autorité blocks the takeover of Société du Pipeline Méditerranée-Rhône (SPMR) by Ardian group*Background The Ardian group, which is notably active in the transport, telecommunications and renewable energy sectors, has notified the Autorité of its planned acquisition of the Société du Pipeline Méditerranée-Rhône (SPMR), active in the transport of hydrocarbons by pipeline. The Autorité carried out an in-depth examination of the transaction involving the takeover of the Pipeline Méditerranée-Rhône, a 760 km long pipeline network that supplies depots in south-eastern France with refined products. The transaction would have had the effect of giving Ardian sole market power for the pipeline and thus being the sole trade policy maker, despite the fact that today the

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

Quotation

French Competition Authority, The French Competition Authority blocks the takeover in the transport sector (Pipeline Méditerranée-Rhône / Ardian), 12 May 2021, e-Competitions May 2021, Art. N° 100998

Visites 151

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues