CASE COMMENTS : MERGERS - PHASE I – CONDITIONAL CLEARANCE – COMMITMENTS - MANUFACTURING

Phase I – Conditional clearance : The European Commission conditionally clears the proposed acquisition in the sector of Swedish pulp- and paper-based packaging products manufacturing (Kinnevik c/ Billerud c/Korsnäs)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. While the original nature of operations involving investment funds was that they never, or hardly ever, posed horizontal or vertical problems, but simply questions relating to conglomerate effects, where problems did exist, this has not been the case for a number of years now. Over time, and with success, some investment funds or companies now have to deal with the classic problems of coordinated or uncoordinated horizontal effects with a very large portfolio of holdings. This was the case with the present transaction. However, on 27 November 2012, the European Commission conditionally cleared in phase I the proposed acquisition of Billerud by the Swedish

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  • University Paris II Panthéon‑Assas

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Dominique Berlin, Phase I – Conditional clearance : The European Commission conditionally clears the proposed acquisition in the sector of Swedish pulp- and paper-based packaging products manufacturing (Kinnevik c/ Billerud c/Korsnäs), 27 November 2013, Concurrences N° 1-2014, Art. N° 62667, pp. 121-123

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