CASE COMMENTS : MERGER CONTROL - PRESS - ANNULMENT OF THE DECISION TO APPROVE AN INVESTMENT COMPANY AS THE PURCHASER OF THE ASSETS SOLD

Significance of a trustee’s possible lack of independence: The Court of Justice upholds the Judgment of the General Court whereby it annulled the decision of the Commission approving a company as the purchaser of assets to be sold by the acquirer of the whole assets of the seller in the publishing business (Odile Jacob)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. CJEU (Grde Ch.) of 6 November 2012, cases C-553/10 P and C-554/10 P. Commission v Éditions Odile Jacob We may recall the dispute between Éditions Odile Jacob, the Commission and the Lagardère group over the latter's sale of certain publishing assets to the Wendel group in 2003. This divestiture took place under commitments accepted as conditions of the Commission's decision approving the operation by which the Lagardère group acquired control of the whole of Vivendi Universal Publishing SA (VUP), now Editis SA, active in the book publishing, distribution and broadcasting sector (Decision 2004/422/EC of 7 January 2004, Case COMP/M.2978 - Lagardère/Natexis/VUP)

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  • University Paris II Panthéon‑Assas

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Dominique Berlin, Significance of a trustee’s possible lack of independence: The Court of Justice upholds the Judgment of the General Court whereby it annulled the decision of the Commission approving a company as the purchaser of assets to be sold by the acquirer of the whole assets of the seller in the publishing business (Odile Jacob), 6 November 2012, Concurrences N° 1-2013, Art. N° 50579, pp. 127-128

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