The Higher Regional Court of Dusseldorf widens the scope of application of merger control law while prohibiting a merger in the copper continuous casting industry sector (A-TEC / Norddeutsche Affinerie)

On 12 November 2008, the German Higher Regional Court of Düsseldorf approved a decision of the German Federal Cartel Office (FCO) prohibiting the proposed acquisition of a 13.75% share in a company by a competitor [1]. The case concerned the issue of whether, according to German law, a share purchase of less than 25% of the total company value could be categorised as conveying a competitively significant influence so that the purchase has to be regarded as a merger according to German law. Background In contrast to Art. 3 of the EC Merger Regulation, Regulation (EC) 139/2004 [2] , the German provisions on merger control, Secs. 35 et seqq. of the German Act against Restraints on Competition (ARC), may already apply to concentrations well below the thresholds of acquisition of control

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

Authors

Quotation

Petra Linsmeier, Moritz Lichtenegger, The Higher Regional Court of Dusseldorf widens the scope of application of merger control law while prohibiting a merger in the copper continuous casting industry sector (A-TEC / Norddeutsche Affinerie), 12 November 2008, e-Competitions November 2008, Art. N° 26684

Visites 1062

All issues

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