(CercleFinance.com) – The European Commission has approved, under the European Merger Regulation, the creation of a joint venture by CEVA Logistics and Fnac Darty, both based in France.
The operation mainly concerns the computer software and logistics sectors.
The Commission concluded that the proposed concentration would not raise competition concerns, taking into account the limited impact on the European Economic Area and the limited market positions of the companies concerned resulting from the proposed transaction.
The transaction was examined under the simplified merger control procedure.
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