The EU Commission clears, subject to remedies, a merger between Swedish and Finnish companies creating the largest integrated paper and board group in the world (Enso / Stora)

"Mergers : Recent Developments and Important Decisions"* In Enso/Stora, the Commission’s initial analysis suggested that oligopoly issues were likely to arise. The merging parties – Enso of Finland and Stora of Sweden, would together make the largest integrated paper and board group in the world. In the EEA, there were only six significant suppliers of newsprint, and the combined group would become the largest. The Commission’s detailed investigation found that these markets displayed many of the characteristics of an anticompetitive oligopoly – low

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  • DG COMP (Brussels)

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John Kemp, The EU Commission clears, subject to remedies, a merger between Swedish and Finnish companies creating the largest integrated paper and board group in the world (Enso / Stora), 25 November 1998, e-Competitions November 1998, Art. N° 39355

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