The EU Commission clears in phase II a merger in the sunflower seeds business following an Art. 22 request from Spain and Hungary (Syngenta / Monsanto)

Syngenta/Monsanto Sunflower Seeds – More Analysis, Please* The European Commission’s Phase II decision of 17 November 2010 concerning Syngenta’s acquisition of Monsanto’s sunflower seeds business raises a number of questions. First, it took the European authorities long to decide who should review the case. The transaction was signed in August 2009 – it did not have an EU dimension and was notifiable only in Spain and Hungary. The Spanish Comisión Nacional de la Competencia or CNC received the notification on 19 August 2009. Only on 1 October did the Commission receive the CNC’s request for a referral of the case to the Commission, more than two weeks after the 15 working days post-notification deadline. The CNC argued that it had suspended the running of its own deadline to gather more

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  • Skadden, Arps, Slate, Meagher & Flom (Brussels)

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Frederic Depoortere, The EU Commission clears in phase II a merger in the sunflower seeds business following an Art. 22 request from Spain and Hungary (Syngenta / Monsanto), 17 November 2010, e-Competitions November 2010, Art. N° 35066

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