CASE COMMENTS: MERGERS – FRANCE – PHASE 2 – UNCONDITIONAL CLEARANCE – MARKET DEFINITION

Unconditional clearance: The French Competition Authority clears, without remedies, the acquisition of sole control of an undertaking in the real estate ads sector by the leader of the sector after an in-depth investigation (Concept Multimédia / Axel Springer)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. The Authority has cleared without commitment a concentration between two online real estate classifieds giants in France. The Axel Springer group, to which SeLoger belongs, has thus acquired sole control of Concept Multimédia, which owns the company Logic-Immo. As mentioned in a previous article, this decision was particularly awaited since the Authority had decided to open an in-depth investigation phase (Dec. No 17-DEX-02 of 11 September 2017, obs. S. Sorinas, M. Louvet and A. Baudelin, ConcurrencesNo 1-2018, p. 129). The Authority wished on this occasion to better define the relevant markets by consulting widely with players in the online property

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Authors

  • Herbert Smith Freehills (Paris)
  • Herbert Smith Freehills (Paris)
  • Herbert Smith Freehills (Paris)

Quotation

Sergio Sorinas, Alexis Baudelin, Marie Louvet, Unconditional clearance: The French Competition Authority clears, without remedies, the acquisition of sole control of an undertaking in the real estate ads sector by the leader of the sector after an in-depth investigation (Concept Multimédia / Axel Springer), 1 February 2018, Concurrences N° 3-2018, Art. N° 87795, pp. 141-144

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