The French competition authority specifies the conditions in which a merger can harm competition in the local markets (Caisse d’Epargne et Banque Populaire)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. The merger between Banque Fédérale des Banques Populaires (BFBP) and Caisse Nationale des Caisses d'Epargne (CNCE), which had been in the making since the creation of their joint subsidiary Natixis at the end of 2006 and which was precipitated by the financial crisis, has just given rise to the creation of France's second-largest banking group, behind that formed by Crédit Agricole and LCL. The Competition Authority's opinion comes after the promulgation of the law