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Image header Agence Europe
Europe Daily Bulletin No. 10215
Contents Publication in full By article 21 / 30
GENERAL NEWS / (eu) eu/competition

Green light to Thomas Cook's acquisition of Öger Tours

Brussels, 15/09/2010 (Agence Europe) - On Tuesday 14 September, the European Commission authorised plans to acquire the German tour operator Öger Tours GmbH by the UK's Thomas Cook Group plc. The planned operation will certainly give rise to horizontal and vertical overlaps in the tourism sector, particularly in Germany. However, the Commission's investigations showed that the cumulative market shares of the parties would be “moderate”. In addition, the parties will still face strong...

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