The German Competition Authority prohibits a merger in the residential furnishings sector while giving guidance on the question of representativeness of market surveys and restricting the scope of application of the de minimis exemption (AGRO)

On 29 September 2004 the German Federal Cartel Office prohibited the proposed merger between the American company Leggett & Platt, Inc. (L&P), a manufacturer and distributor of inter aliaresidential furnishings, and AGRO Federkernproduktions GmbH (AGRO), a German manufacturer of innersprings for mattresses and upholstered furniture [1] . An objection subsequently filed to the Higher Regional Court of Düsseldorf was abandoned during the course of the proceedings. Facts L&P is an American manufacturer and distributor of furniture elements, including elements made from wire, as well as of foam and elastic materials used for bed overlays and chair elements. Via subsidiaries based in several European countries including Germany, L&P is active in the market for innersprings.

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Auteurs

  • Gleiss Lutz (Munich)
  • Milbank, Tweed, Hadley & McCloy (Munich)

Citation

Petra Linsmeier, Moritz Lichtenegger, The German Competition Authority prohibits a merger in the residential furnishings sector while giving guidance on the question of representativeness of market surveys and restricting the scope of application of the de minimis exemption (AGRO), 29 septembre 2004, e-Competitions September 2004, Art. N° 21345

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