CASE COMMENTS : CONCENTRATION – ACQUISITION OF SOLE CONTROL – RETAIL SECTOR – UPSTREAM AND DOWNSTREAM MARKETS – CREATION OF A DUOPOLY – COMMITMENTS-CONDITIONAL CLEARANCE – CONCEPT OF CONTROL – DISTRIBUTION NETWORK
Commitments: The French Competition Authority conditionally authorizes in phase I an acquisition in the retail sector with particular consideration to local competition (Franprix Leader Price Holding (Group Casino), NFL Distribution)
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Franprix Leader Price Holding (FLPH), a subsidiary of the Casino Guichard Perrachon Group (Casino), itself France's third-largest food retailing group (more than 10 000 stores of all sizes), had notified the Authority of the proposed acquisition of sole control of NFL Distribution, whose entire capital was held by Norma Sarl, a subsidiary of the Norma Group with 1 400 stores not only in France (114) but also in Germany, Austria and the Czech Republic. The operation was carried out in two stages. In the first, Norma Sarl contributed to NFL Distribution the capital and voting rights of 38 stores located in south-eastern France. In the second stage, Norma
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