Behavioural commitments - Financial crisis: The French Competition Authority specifies under which conditions a merger is likely to affect competition in local markets and validates behavioural commitments due to the economic crisis (Caisse d’Épargne/Banque Populaire)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. – Aut. conc. dec. no. 09-DCC-016 of 22 June 2009 relating to the merger between the Caisse d'Epargne and Banque Populaire groups Since the transfer of merger control to the Competition Authority (hereinafter 'the Authority'), the Authority issued its first clearance decision with commitments on 22 June 2009. Although this is a Phase I decision, the Authority carried out a particularly thorough analysis of the effects of the transaction, in particular on the affected local markets. The decision is also relevant with regard to commitments offered and accepted in times of economic crisis. This involved the merger between the Caisse d'Épargne and Banque