29/06/2010 (Agence Europe) - On Friday 25 June, the European Commission, taking the view that the transaction would not significantly impede effective competition in the European Economic Area, cleared the proposed acquisition by the Taiwanese company Foxconn of Sony entities producing televisions in Slovakia and Mexico. Foxconn provides external assembly services, so-called electronic manufacturing services, for electronic products such as computers, mobile phones, or televisions to original equipment manufacturers (“OEM”). The Sony entities to be acquired in Slovakia and Mexico currently supply Sony's in-house production of LCD televisions. The Commission decided that Foxconn would continue to face several effective competitors and that OEMs would retain a strong bargaining position. Details of the operation were submitted on 21 May 2010. (F.G./transl.rt)