The Danish Competition Authority requests criminal indictment for withholding in a merger assessment (Metro Cash & Carry)

METRO Cash & Carry risks fine in Danish merger case* The Danish Competition and Consumer Authority (DCCA) has reported METRO Cash & Carry (METRO) to the State Prosecutor for Serious Economic and International Crime for failing to submit relevant information regarding a notified merger. By not submitting information regarding a potential alternative buyer METRO allegedly withheld important information that could have had an impact on the authority’s assessment of the merger. The transaction Information on the transaction is limited. However, in autumn 2014 METRO, an international business in the food and non-food-service market, decided to shut down its activities in Denmark due to poor results. METRO had at the time five stores placed in four cities. Three of the stores were

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