(CercleFinance.com) – The European Commission has approved, under the EU Merger Regulation, the creation of a joint venture by Capgemini and Orange.
The joint venture, Bleu, will provide sovereign cloud services that meet the criteria for the ‘Cloud de Confiance’ label in France, i.e. sovereign cloud services that meet specific security requirements set by the Agency. cybersecurity company, to a specific set of customers in France.
The Commission concluded that the proposed transaction would not raise competition concerns under the Merger Regulation due to the absence of overlaps between the activities of the companies following the transaction.
The Commission also found that vertical relationships between upstream and downstream markets and conglomerate relationships between companies would not raise competition concerns.
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