The EU Commission opens an in-depth investigation concerning a merger in the nylon production market (BASF / Solvay)

MERGERS: COMMISSION OPENS IN-DEPTH INVESTIGATION INTO PROPOSED ACQUISITION OF SOLVAY'S NYLON BUSINESS BY BASF* The European Commission has opened an in-depth investigation to assess the proposed acquisition of Solvay's global nylon business by BASF, under the EU Merger Regulation. The Commission is concerned that the merger may reduce competition in the supply of key inputs in the nylon production chain. Commissioner Margrethe Vestager, in charge of competition policy, said: "Nylon is used in everyday products like clothes, sports shoes and carpets. But it's also an important industrial input, for example contributing to make lighter engines and cars. However, only a few manufacturers provide essential inputs to produce different nylon products, so we need to carefully assess

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European Commission, The EU Commission opens an in-depth investigation concerning a merger in the nylon production market (BASF / Solvay), 26 juin 2018, Bulletin e-Competitions June 2018, Art. N° 87269

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