Failing company: The French Competition Authority applies the failing firm exception to unconditionally clear the acquisition of a company active in the retail distribution of furniture products by its competitor (Conforama / But)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. In a communiqué made public on April 28, 2022, the French Competition Authority announced that it had applied the failing firm exception for the first time since it regained responsibility for merger control in 2009, following the final approval of the acquisition of Conforama by the But group. It therefore