On September 25th, 2007, the German Federal Court (Bundesgerichtshof, BGH) decided in Sulzer/Kelmix (KVR 19/07), that the geographically relevant market as referred to by section 35(2) n° 2 of the German Act against Restraints of Competition (Gesetz gegen Wettbewerbsbeschränkungen, GWB) comprises - in contradiction to section 19(2) GWB -only the domestic market. Background and prior legal proceedings According to the de minimis clause in section 35(2) n° 2 GWB, mergers are not subject to German merger control law, and thus may not be prohibited, if they relate to a market with a turnover volume of less than €15 million in the preceding calendar year. When applying this exemption, the issue arises whether a de minimis market in that sense may be larger than the territory of Germany. In
The German Federal Court rules on the geographic relevant market to calculate the merger de minimis threshold (Sulzer/Kelmix)
L'accès à cet article est réservé aux abonnés
Déjà abonné ? Identifiez-vous
L’accès à cet article est réservé aux abonnés.
Lire gratuitement un article
Vous pouvez lire cet article gratuitement en vous inscrivant.