Joint control

On July 19, 2023 the Federal Trade Commission (FTC) and Department of Justice (DOJ) (“the agencies”) released their 2023 Draft Merger Guidelines (the “2023 draft guidelines” or the “revised guidelines”). The publication of the revised guidelines—currently available for public comment until (...)

CADE clears joint venture for the development of sustainability measurement software* The deal involves SustainIt, Cargill, Louis Dreyfus, and ADM and intends to create a platform to measure sustainability in the food and agricultural supply chain. On 21 June, the Administrative Council (...)

No leeway for sustainability agreements in Brazil* On 21 June, Brazil’s competition authority ( CADE ) issued an unprecedented decision relating to sustainability agreements when approving a joint venture ( JV ) between leading traders of agricultural commodities worldwide (Cargill, Louis (...)

COMPETITION COUNCIL APPROVED THE CREATION OF A COMPANY FOR THE CONSTRUCTION OF A COMBINED CYCLE POWER PLANT BY COMPLEXUL ENERGETIC OLTENIA AND ALRO* The Competition Council approved the operation through which Complexul Energetic Oltenia S.A. and Alro S.A. plan to create a company in order (...)

The Autorité de la concurrence clears the joint control of Cityscoot by RATP and Caisse des Dépôts et Consignations* Background On 26 July 2022, RATP Capital Innovation, a subsidiary of RATP group, and Caisse des Dépôts et Consignations notified the Autorité de la concurrence of their plan (...)

THE COMPETITION COUNCIL ASSESSES THE TAKEOVER OF ALTEO ENERGY SERVICES BY MOL RES INVESTMENTS, RIVERLAND MAGÁNTŐKEALAP AND FŐNIX MAGÁNTŐKEALAP* The Competition Council assesses the transaction whereby MOL RES Investments Zrt., Riverland Magántőkealap and Főnix Magántőkealap intend to take (...)

Belgian Competition Authority approves the acquisition of joint control over Vanbreda Nederland B.V. by Allianz Nederland Groep N.V. and Unibreda NV* On 7 March 2023 the Belgian Competition Authority (BCA) approved the acquisition of joint control over Vanbreda Nederland B.V. by Allianz (...)

Interim authorisation granted to Odin joint venture for marketing gas* The ACCC has granted interim authorisation for Vintage Energy Ltd (ASX: VEN), Metgasco Ltd (ASX: MEL) and Bridgeport (Cooper Basin) Pty Ltd, a wholly owned subsidiary of New Hope Corporation Limited (ASX: NHC), to enter (...)

Authorization of the joint takeover of SARL Socafer and Socabat by the Arbor group and the PH Cuenet group* In this decision, the Autorité unconditionally authorizes the takeover of joint control of SARL Socafer and SARL Socabat by Mr. Paul Halbedel (Arbor group) and Mr. Pierre-Hubert (...)

On October 14, 2022, the Third and Eighth Chambers of the Conseil d’Etat validated, by means of a decision n° 445680 the decision n° 20-DCC-116 of August 28, 2020 relating to the acquisition of joint control of a predominantly food retail business located in the Troyes area by the company (...)

For the record, in its decision No. 20-DCC-116 of August 28, 2020, the French Competition Authority [hereinafter the "Authority"] had prohibited the acquisition of joint control of a Géant Casino hypermarket by the company Soditroy operating an E. Leclerc hypermarket and theAssociation des (...)

On 8 September 2022, the French Ministry of Economy and Finance, in charge of approving foreign direct investments (FDI) into strategic sectors, issued its first guidelines, intended to make the process of FDI into France more transparent and clear. The guidelines are a summary of existing (...)

Bundeskartellamt clears increase of Kühne’s stake in Lufthansa* The Bundeskartellamt has cleared the increase of Kühne Holding AG’s stake in Deutsche Lufthansa AG, which now amounts to 15.01 per cent. The competitive assessment focused on the vertical effects of the concentration. (...)

THE COMPETITION COUNCIL ASSESSES THE TAKING OVER OF SOME COMPANIES BY HOLD CO* The Competition Council assesses the taking over of Club King SRL, Cemarbet SRL, Saed Electronic SRL, Get’s Bet Online LTD, GTB Line Software SRL, Neosoft Tech Support SRL and Neosoft Limited by Emma Gamma and (...)

Bundeskartellamt approves creation of joint venture between Airbus Defence and Space GmbH, German FCMS GbR and MBDA Deutschland GmbH* The Bundeskartellamt has today cleared the creation of a joint venture between Airbus Defence and Space GmbH, German FCMS GbR and MBDA Deutschland GmbH. For (...)