On September 12, 2019, the FCO closed administrative proceedings against two joint purchasing organizations for furniture, VME Union GmbH and KHG GmbH & Co. KG, after the organizations had abandoned their plans to enter into an alliance.[1]
Nomination of Supervisory Board Member Not Gun Jumping
On August 26, 2019, the DCA dismissed a claim based on allegations of gun jumping against the appointment of a new member of Ceconomy AG’s (“Ceconomy”) supervisory board.[1]
The French Competition Authority Clears Ineos’ Acquisition of the OGC Nice Football Club
On August 21, 2019, the French Competition Authority (“FCA”) unconditionally cleared the acquisition of the SASP Olympic Gymnast Club of Nice (“OGC Nice”) by Ineos,[1] thereby issuing the first merger decision in Europe relating to a professional football club.
Federal Minister of Economic Affairs Grants Ministerial Authorization for Miba and Zollern
On August 19, 2019, the German Federal Minister of Economic Affairs, Peter Altmaier, applied the rarely used ministerial right[1] to overrule the FCO’s prohibition of a joint venture between Miba AG (“Miba”) and Zollern GmbH & Co. KG (“Zollern”) and cleared the transaction subject to commitments.[2] The Monopolies Commission, an advisory body to the German federal government, had previously issued a non-binding recommendation to reject Miba’s and Zollern’s request for ministerial clearance.[3]
Lebedev Holdings Limited and Another v Secretary of State for Digital, Culture, Media and Sport
On 16 August 2019, the CAT ruled on the time limit for the Secretary of State to issue a PIIN (and make a Phase 2 reference) in respect of certain acquisitions of shares in Lebedev Holdings Limited (LHL) and Independent Digital News and Media (IDNM) (see Article above). LHL and IDNM argued that this had been made out of time.
The FCA Conditionally Approves the Creation of TV Platform Salto
On August 12, 2019, the FCA approved, subject to remedies, the creation of TV platform Salto by TF1, France Télévisions (“FTV”), and Métropole Télévision (“M6”) following a referral by the European Commission. Salto is intended to offer television services, including free-to-air digital terrestrial television (“DTT”) channels and related (e.g. catch-up TV) services and functionalities, together with subscription video on-demand services. Salto’s offering will be distributed directly over the internet (known as “over-the-top” or “OTT”).
Vodafone Grants Telefonica Cable Access in Germany To Secure Clearance of Liberty Global Acquisitions
On July 18, 2019, the Commission conditionally approved Vodafone’s acquisition of Liberty Global’s cable networks business in Czech Republic, Hungary, Romania, and Germany, following a Phase II review.[1] This case is the latest in a wave of consolidation across the EEA’s telecommunications sector (such as Liberty Global/Ziggo, Vodafone/Liberty Global/Dutch JV, and Altice/PT Portugal).[2]
FCO Blocks Waste Recycling Deal
On July 11, 2019, the FCO prohibited waste disposal company Remondis SE & Co. KG’s (“Remondis”) acquisition of the dual system for packing recycling DSD – Duales System Holding GmbH & Co KG (“DSD”).[1]
DCA Dismisses MVV’s Appeal to Prevent EnBW’s Blocking Minority
On July 10, 2019, the DCA rejected German energy supplier MVV Energie AG’s (“MVV”) appeal against the FCO’s clearance decision, allowing its competitor EnBW Energie Baden- Württemberg AG (“EnBW”) to increase its stake to a minority shareholding of 28.76% in MVV.[1]
GSK’s Acquisition of Pfizer’s Consumer Health Business Cleared Subject to Remedies
On July 10, 2019, the Commission conditionally cleared GlaxoSmithKline’s (“GSK”) acquisition of Pfizer’s Consumer Health Business following a Phase I review.[1] The transaction forms part of GSK’s and Pfizer’s plan to contribute their respective consumer healthcare businesses to a new venture, over which GSK will have sole control.