The EU General Court upholds a Commission’s phase II merger approval in the publishing sector and rehabilitates parking arrangement (Odile Jacob)

Odile Jacob: the rehabilitation of the parking arrangement* More than six years after the case was launched, the General Court rendered its judgment in Case T-279/04, Editions Odile Jacob Sas v. Commission, relating to the appeal against a 2004 decision of the European Commission approving the acquisition by French publisher Lagardère of its rival Vivendi Universal Publishing (“VUP”). The saga begins in 2002, when Vivendi Universal, VUP’s parent, decides to sell VUP as quickly as possible. Lagardère is one of the main potential buyers, but given that a Lagardère/VUP combination is virtually certain to raise significant competition issues, the timing of the Commission’s review under the EC Merger Regulation does not fit Vivendi Universal’s agenda. As a solution, the parties enter into a

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

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Frederic Depoortere, The EU General Court upholds a Commission’s phase II merger approval in the publishing sector and rehabilitates parking arrangement (Odile Jacob), 13 September 2010, e-Competitions September 2010, Art. N° 35246

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