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Image header Agence Europe
Europe Daily Bulletin No. 10609
ECONOMY - FINANCE - BUSINESS / (ae) competition

07/05/2012 (Agence Europe) - Acquisition of Dutch online retailer Flevo by Ahold. On Monday 7 May, the European Commission cleared acquisition of Flevo Deelnemingen III B.V. by Koninklijke Ahold N.V., both of the Netherlands. The parties' activities overlap in the online retail of books, toys, games, music and films in the Netherlands, where Flevo is active via its subsidiary bol.com and Ahold via its online forum albert.nl. The Commission's investigation found that the proposed transaction would not raise competition concerns in these markets because of the limited combined market presence of the parties and the small addition in market share resulting from the transaction as well as the presence of sufficiently strong competitors on the markets concerned. (LC/transl.jl)

 

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