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Europe Daily Bulletin No. 10477

20 October 2011
Contents Publication in full By article 30 / 32
GENERAL NEWS / (ae) eu/competition
Seagate take-over of Samsung hard disk drive business

Brussels, 19/10/2011 (Agence Europe) - After conducting an in-depth investigation, the European Commission gave its approval, on Wednesday 19 October, to the acquisition of the hard disk drive (HDD) business of Samsung Electronics of Korea by Seagate Technology of the United States. The merger will further consolidate markets that are already highly concentrated but the Commission concluded that the transaction would not significantly impede effective competition in European Economic Area...

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THE DAY IN POLITICS
GENERAL NEWS