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Image header Agence Europe
Europe Daily Bulletin No. 8056
Contents Publication in full By article 15 / 42
GENERAL NEWS / (eu) eu/competition

Commission authorises acquisition of sole control over Galileo by Cendant

Brussels, 25/09/2001 (Agence Europe) - The European Commission has given its clearance for the acquisition of sole control over the American company for the online sale and reservation of holidays, Galileo International Inc, by Cendant Corp, another American company specialised in travel and residential real estate services. The inquiry provided proof that there was no overlapping of activity between the two companies.

The Commission also sought to identify the risk that Cendant's car...

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