The French Competition Authority ('FCA') has unconditionally authorized the acquisition of furniture retailer Conforama by Mobilux under the failing firm defence ('FFD'). Background On 8 July 2019, Mobilux group ('Mobilux') announced its intention to acquire Conforama. Mobilux is the parent company of the BUT group, which operates a network of 322 stores in the retail distribution of furniture, homeware and general merchandise products in France and its overseas territories. Conforama is active in the same markets and operates a network of 170 sales outlets. The transaction was initially notified to the European Commission, which, following a request from the notifying party, referred the case to the FCA on 26 June 2019 because of the operation's exclusive impact on the French
The French Competition Authority unconditionally authorizes the acquisition of a furniture retailer by a furniture retail distribution company under the failing firm defence (Mobilux / Conforama)
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