CASE COMMENTS: MERGERS – FRANCE – SELF-REFERRAL – COMMITMENTS’ REVIEW – REFUSAL TO GRANT APPROVAL – APPLICATION FOR INTERIM MEASURES

Commitments’ review : The French Competition Authority opens investigation into conditions of implementation of commitments related to a merger in the distribution of household electrical products sector while in the same case, the French Administrative Supreme Court dismisses appeals against the French Competition Authority’s refusal to extend the time limit to implement commitment and its refusal to approve a purchaser chosen by the parties (Fnac / Darty)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. The French Competition Authority announced that on 11 September 2017, it had taken up an ex-officio case to examine the conditions under which the Fnac group is implementing the commitments it made in connection with the acquisition of the Darty group. As a reminder, this transaction was authorised by the French Competition Authority on 27 July 2016 on condition that six sales outlets in Paris and the Paris region be sold. This decision was particularly noteworthy because of the inclusion, for the first time, of online sales in the relevant market for the distribution of household electrical products (Dec. No. 16-DCC-111 of 27 July 2016, obs. D. Tayar).

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Authors

  • Herbert Smith Freehills (Paris)
  • Herbert Smith Freehills (Paris)
  • Herbert Smith Freehills (Paris)

Quotation

Sergio Sorinas, Alexis Baudelin, Marie Louvet, Commitments’ review : The French Competition Authority opens investigation into conditions of implementation of commitments related to a merger in the distribution of household electrical products sector while in the same case, the French Administrative Supreme Court dismisses appeals against the French Competition Authority’s refusal to extend the time limit to implement commitment and its refusal to approve a purchaser chosen by the parties (Fnac / Darty), 11 September 2017, Concurrences N° 1-2018, Art. N° 86198, pp. 125-127

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