The French Minister of Economics clears a merger in the sector of large stores with structural remedies (Carrefour/Penny Market)

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Reference

French Ministry of Economy (DGCCRF), Carrefour/Penny Market, C2005-98, 10 11 2005, BOCCRF 29 April 2006, n°5

The operation By a letter dated 10 November 2005, the French Minister of Economy, Finance, and Industry authorized the merger between two groups of large stores : the French group Carrefour group (“Carrefour”) and Penny Market. Carrefour acquired, by its subsidiary “DIA”, 100% share of Penny Market (page 1). The

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