ALERTS: MERGER - FRANCE - FINES - STRUCTURAL REMEDIES - CLEARANCE - SOLE CONTROL

Remedies: The French State Council confirms the €20 million fine imposed on a distributor of electronic products for non-compliance with a structural remedy that conditions the clearance of their merger (Fnac Darty)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. In a judgment delivered on 7 November 2019In its decision of 27 July 2018, the Conseil d'État, dismissing the action brought by Fnac Darty in its entirety, upheld the fine of EUR 20 million imposed on the distributor by the Competition Authority in a decision of 27 July 2018.for non-compliance with the commitments undertaken in the context of Decision No. 16-DCC-111 of 27 July 2016 authorizing Fnac to take sole control of Darty. The new entity had not fully complied in time with one of the conditions laid down for the authorisation to carry out the merger, namely the sale of six stores which it was to dispose of in Paris and the Paris region. It will be

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Remedies: The French State Council confirms the €20 million fine imposed on a distributor of electronic products for non-compliance with a structural remedy that conditions the clearance of their merger (Fnac Darty), 7 November 2019, Concurrences N° 1-2020, Art. N° 92297, www.concurrences.com

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