The Italian Competition Authority opens a Phase-II investigation into a multi-utility merger (Linea / A2A)

Introduction By a decision made on 18 May 2016 the Italian Competition Authority (ICA) has decided to start a Phase-II investigation into the proposed acquisition of Linea Group Holding (LGH) by A2A on the basis of Article 16 of the Italian Competition Act n. 287/90 [1]. Pursuant to Article 6 of the Italian Competition Act n. 287/90, the ICA took the view that the notified merger in A2A/Linea Group Holding might result in the creation or strengthening of a dominant position in the market for the award of concession for the distribution of national gas and in the market for the urban waste management. The decision of the Italian Competition Authority Through the consummation of the proposed merger A2A would purchase a 51% stake in LGH. Both A2A and LGH are multi-utility firms

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Michele Giannino, The Italian Competition Authority opens a Phase-II investigation into a multi-utility merger (Linea / A2A), 18 May 2016, e-Competitions Bulletin Energy & Mergers, Art. N° 79808

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