CASE COMMENTS : MERGER - EC - LOCAL ENERGY MARKETS - MAVERICK - COMMITMENTS

Acquisition of competitor: The European Commission, identifying local overlaps in Germany in a transaction with effects in several Member States, authorises the acquisition of a maverick competitor in exchange for commitments to divest both intellectual and physical property rights at a national level (Vattenfall/Nuon Energy)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. Eur. Comm. 22 June 2009, Vattenfall/Nuon Energy, Case COMP/M.5496 By decision of 22 June 2009, the European Commission has approved the acquisition of N.V. Nuon Energy (Nuon) by Vattenfall AB (Vattenfall), subject to conditions and obligations. The purchaser is a Swedish company, ultimately controlled by the Swedish State. The target, Nuon, is a Dutch company. Both companies are active throughout the entire power chain, including electricity wholesale and retail, transmission and trading in Sweden, Germany, Finland, Denmark and Poland as regards Vattenfall and in the Netherlands, Belgium and Germany as regards Nuon. Vattenfall is also active in the

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Didier Theophile, Henrik Nordling, Acquisition of competitor: The European Commission, identifying local overlaps in Germany in a transaction with effects in several Member States, authorises the acquisition of a maverick competitor in exchange for commitments to divest both intellectual and physical property rights at a national level (Vattenfall/Nuon Energy), 22 June 2009, Concurrences N° 1-2010, Art. N° 30077, pp. 126-128

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