The EU Commission opens an in-depth investigation regarding a merger in the supply of fuels market (PKN Orlen / Lotos)

Mergers: Commission opens in-depth investigation into PKN Orlen's proposed acquisition of Lotos* The European Commission has opened an in-depth investigation to assess the proposed acquisition of Lotos by PKN Orlen, under the EU Merger Regulation. The Commission is concerned that the merger may reduce competition in the supply of fuels and related markets in Poland and neighbouring countries. Commissioner Margrethe Vestager, in charge of competition policy, said: “The proposed acquisition of Lotos by PKN Orlen would affect several strategically important energy markets. The Commission will investigate whether the proposed acquisition would reduce competition and lead to higher prices for or less choice of fuels and related products for business customers and end consumers in Poland

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European Commission, The EU Commission opens an in-depth investigation regarding a merger in the supply of fuels market (PKN Orlen / Lotos), 7 August 2019, e-Competitions Bulletin September 2019, Art. N° 91569

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