The EU Commission opens in-depth investigation relating a merger in the global cruise shipbuilding market (Chantiers de l’Atlantique / Fincantieri)

Mergers: Commission opens in-depth investigation into proposed acquisition of Chantiers de l'Atlantique by Fincantieri* The European Commission has opened an in-depth investigation to assess the proposed acquisition of Chantiers de l'Atlantique by Fincantieri, under the EU Merger Regulation. The Commission is concerned that the transaction may reduce competition in the global cruise shipbuilding market. Commissioner Margrethe Vestager, responsible for competition policy, said: “Demand for cruise ships is booming globally. Chantiers de l'Atlantique and Fincantieri are two global leaders in this sector. This is why we will carefully assess whether the proposed transaction would negatively affect competition in the construction of cruise ships to the detriment of the millions of

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European Commission, The EU Commission opens in-depth investigation relating a merger in the global cruise shipbuilding market (Chantiers de l’Atlantique / Fincantieri), 30 October 2019, e-Competitions October 2019, Art. N° 92176

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