The French Competition Authority issues its first dead-block and concludes that an acquisition of a hypermarket by two entities operating under the competing retailer raise too strong competition concerns (E.Leclerc-Géant / Casino)

The French Competition Authority ("FCA") has concluded that the acquisition of the hypermarket Géant Casino, by two entities operating (directly or indirectly) under the competing retailer E. Leclerc, raised competition concerns at the local level, which could not be addressed through commitments offered by the parties. WHAT YOU NEED TO KNOW - KEY TAKEAWAYS Under French merger control, lower turnover thresholds apply to mergers involving parties operating retails stores:

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Michaël Cousin, The French Competition Authority issues its first dead-block and concludes that an acquisition of a hypermarket by two entities operating under the competing retailer raise too strong competition concerns (E.Leclerc-Géant / Casino), 28 août 2020, e-Competitions August 2020, Art. N° 97015

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