The EU Commission conditionally clears the merger of the medical ventilators, anaesthesia delivery systems and patient monitoring businesses of two German companies (Siemens / Drägerwerk / JV)

"Merger Control: Main developments between 1st January 2003 and 30th April 2003"* On 30 April 2003, the Commission approved, subject to conditions, the merger of the medical ventilators, anaesthesia delivery systems and patient monitoring businesses of Siemens AG and Drägerwerk AG, two German companies. The Commission was concerned that Siemens and Drägerwerk through their Dräger Medical joint venture would hold too high a share of the markets concerned which would have been detrimental for hospitals. But Siemens solved these concerns by offering to sell its ventilator and anaesthesia delivery business and by providing rivals with the information necessary to enable them to