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Europe Daily Bulletin No. 8002

9 July 2001
Contents Publication in full By article 26 / 44
GENERAL NEWS / (eu) eu/competition"
Green light to joint venture Angelini/Phoenix

Brussels, 09/07/2001 (Agence Europe) - The European Commission authorised the Italian Angelini and German Phoenix groups to create a joint venture via their subsidiaries in the wholesale of pharmaceuticals and parapharmaceuticals, by concentrating in Southern Italy (mainly in Latium, Abruzzi, Molise and Marche). The new company will have less than a 18% market share at the national level and the Commission investigation showed that the operation will not affect competition on the Italian...

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