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Europe Daily Bulletin No. 8067

11 October 2001
Contents Publication in full By article 18 / 42
GENERAL NEWS / (eu) eu/competition
Commission refuses Schneider/Legrand merger

Brussels, 10/10/2001 (Agence Europe) - It came as no surprise when the Commission decided to prohibit the merger between the Schneider Electric and Legrand groups, the two main French manufacturers of electrical equipment. Commissioner Mario Monti told the press that the decision was unanimous. The merger would have given rise to a heavyweight that would have considerably weakened the operation of the market for electrical equipment in many countries, including France where the two partners...

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