CASE COMMENTS : CONCENTRATION PHASE II – CLEARANCE – CONDITIONS
Clerance: The French Competition Authority clears, after an in-depth review and subject to conditions, the acquisition of a sole control by a parent company which previously controlled jointly a joint venture active in the food retail market (Monoprix ; Casino Guichard-Perrachon)
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Food distribution is still by far the sector of activity that gives rise to the greatest number of concentration operations in France. It accounted for 34% of decisions in 2012. Most often, these are cases that have a happy ending. Commitments are rare. Phases 2 are exceptional.
Casino's acquisition of sole control of Monoprix is therefore an exception since it was authorised by the Competition Authority subject to commitments and after the opening of an in-depth examination phase. This can be explained by the rather gloomy diagnosis of the state of competition in the food distribution sector in Paris which was made by the Competition Authority at the
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