CASE COMMENTS: MERGER CONTROL – CREATION OF A JOINT VENTURE – JOINT CONTROL – PETRO CHEMICAL PRODUCTS – HORIZONTAL OVERLAPS – COMMITMENTS – VERTICAL RESTRICTIONS – NO FORECLOSURE EFFECTS – AUTHORIZATION WITH OBLIGATIONS

Horizontal overlaps – Commitments: The European Commission clears the creation of a joint venture in the petrochemical business subject to divestment commitments (BASF/Ineos/Styrene/JV)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. Eur. Comm. dec. art. 6, §2 Reg. 139/2004, 1st June 2011, BASF/Ineos/Styrene/JV, case COMP/M.6093 The undertakings BASF SE (hereinafter 'BASF') of Germany and INEOS Industry Holdings Limited (hereinafter 'INEOS') of Switzerland, part of the group controlled by the INEOS Group, proposed to acquire joint control within the meaning of Article 3(1)(b) of the Basic Regulation of the German undertaking Styrolution, to which both parties would have contributed part of their petrochemical activities, and of which they would acquire half of the shares. Both BASF and INEOS, the notifying parties are both companies active in chemicals and in particular derivatives of

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  • University Paris II Panthéon‑Assas

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Dominique Berlin, Horizontal overlaps – Commitments: The European Commission clears the creation of a joint venture in the petrochemical business subject to divestment commitments (BASF/Ineos/Styrene/JV), 16 February 2012, Concurrences N° 1-2012, Art. N° 42285, pp. 145-147

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