CASE COMMENTS: MERGERS - NOTIFICATION OBLIGATION – SANCTION – QUANTIFICATION OF THE FINE

Sanction: The French Competition Authority fines a producer of still and sparkling wines for having failed to fulfill the prior notification obligation of a merger

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. By Decision No. 13-D-22 of December 20, 2013, the French Competition Authority (hereinafter the "Authority") sanctioned Copagef SA, at the head of the Castel Frères group (hereinafter "Castel"), in the amount of 4 million euros for failing to comply with the obligation to provide prior notification of a concentration pursuant to I of Article L. 430-8 of the French Commercial Code. The Authority had authorised, after an in-depth examination ("Phase II"), the acquisition and acquisition of sole control by the Castel group of all (or almost all) of the capital of six companies in the Patriarche group (Concurrences No 4-2012, pp. 117-118). This decision

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Authors

  • Clifford Chance (Paris)
  • Willkie Farr & Gallagher (Brussels)

Quotation

David Tayar, Maxime de l'Estang, Sanction: The French Competition Authority fines a producer of still and sparkling wines for having failed to fulfill the prior notification obligation of a merger , 20 December 2013, Concurrences N° 2-2014, Art. N° 65813, pp. 141-142

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