The EU Commission makes legally binding commitments offered by companies active in nuclear markets on post-JV non-compete and confidentiality obligations (Siemens / Areva)

The European Commission announced, on 18 June 2012, that it had adopted a decision to make legally binding commitments offered by Siemens AG (“Siemens”) and Areva SA (“Areva”) to reduce the scope and duration of certain non-compete and confidentiality obligations imposed on Siemens further to its exit from a joint venture with Areva. By offering commitments, Siemens and Areva wished to settle an investigation into alleged anti- competitive behaviour by the two companies in a number of product markets in the field of civil nuclear technology. In 2001, Siemens and Framatome

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  • Van Bael & Bellis (Brussels)

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Richard Burton, The EU Commission makes legally binding commitments offered by companies active in nuclear markets on post-JV non-compete and confidentiality obligations (Siemens / Areva), 18 June 2012, e-Competitions Bulletin Commitment Decisions, Art. N° 58301

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