Brussels, 23/09/2010 (Agence Europe) - On Wednesday 22 September, the European Commission cleared the proposed acquisition of Keystone Foods Intermediate LLC of the US by Marfrig Alimentos S.A. of Brazil. Both companies are suppliers of meat products. The parties' activities overlap in the area of supply of processed meat products. The proposed transaction would create a vertical relationship between, on the one hand, the meat supply business of the merged entity and, on the other hand, Keystone's activities in contract logistics for food services and freight forwarding services. The Commission's investigation concluded, however, that it was unlikely that the merged entity would be in a position to shut out competitors. Indeed, the combined market shares of the parties in the meat supply business are moderate. Similarly, Keystone's market shares for contract logistics for food services and freight forwarding services are modest. Therefore, the Commission found that the proposed concentration would not give rise to any competition concerns. (F.G./transl.rt)