The EU Commission approves, subject to remedies, an acquisition in the stevedoring services sector (Hutchison / RMPM / ECT)
"Merger control: main developments between 1 May and 31 August 2001"*
On 3 July, the Commission approved the acquisition by Hutchison Netherlands BV (Hutchison) and Rotterdam Municipal Port Management (RMPM) of the Rotterdam container terminal operator Europe Combined Terminals BV (ECT), subject to commitments. As initially notified, the acquisition would have led to the creation of a dominant position on the market for the provision, in Northern Europe, of stevedoring services for transhipment traffic carried by deep-sea container vessels. However, the parties have offered undertakings which will enable
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