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Europe Daily Bulletin No. 7717

15 May 2000
Contents Publication in full By article 19 / 38
GENERAL NEWS / (eu) eu/competition
Bertelsmann is authorised to acquire 50% of the Nordic Internet bookshop Bokus

Brussels, 15/05/2000 (Agence Europe) - The European Commission authorised the German publishing and media giant Bertelsmann, to take a 50% stake in the Internet bookshop Bokus, active in the Nordic market. Bokus was until now present under the sole control of Kooperativa Förbundet (KF), a consumer cooperative including bookshop and supermarket chains. Bokus will be renamed BOL Nordic.

The European competition services felt that the operator did not create or strengthen a dominant position,...

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