Brussels, 25/01/2000 (Agence Europe) - The European Commission has referred back to the Spanish and French authorities the examination of the consequences of the merger between French distributors Promodes and Carrefour in about one hundred local markets and has authorised the other aspects of the merger on condition that Carrefour sells its shares in its competitor Cora.
According to the analyses by competition services, the new group will account for 27% of the market in France and 26% in...