CASE COMMENTS : MERGER CONTROL - PHASE II - ACQUISITION OF BUSINESS - HARD DISK DRIVE BUSINESS - REVIEW OF THE HORIZONTAL AND VERTICAL EFFECTS OF THE OPERATION - NO COORDINATED AND NON-COORDINATED EFFECTS ON ANY AFFECTED MARKET - UNCONDITIONAL CLEARANCE- MANUFACTURING
Phase II - No coordinated and non-coordinated effects: The European Commission unconditionnaly clears the acquisition of a hard disk drive business after in-depth investigation (Seagate, Samsung)
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Dec. Eur. Comm. Art. 8, §1, R.139/2004, of 19 October 2011, Seagate/Samsung Hard Disk Drive Activity, COMP/M.6214
Phase II authorisation decisions without conditions or burdens are becoming less rare. However, they are still of interest to the extent that one wonders what may have changed the Commission's mind. In the present case, Seagate Technology Public Limited Company ('Seagate') had notified on 19 April 2011 its proposed acquisition of assets, consisting of the purchase from Samsung Electronics Co., Ltd. of the assets of the company's subsidiary Samsung Electronics Co., Ltd. ('Samsung') of its hard disk drive business, comprising the design,
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