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)

Kemp, John

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25 Nov 1998

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)

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Reference

EU Commission, Enso / Stora, Case COMP/M.1225, 25 November 1998

"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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Author

John Kemp
DG COMP (Brussels)

Belgium 22 contributions 5040 visits

Quotation

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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