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Image header Agence Europe
Europe Daily Bulletin No. 8410
Contents Publication in full By article 20 / 37
GENERAL NEWS / (eu) eu/competition

Commission approves acquisition of Pharmacia by Pfizer subject to conditions

Brussels, 27/02/2003 (Agence Europe) - The European Commission has authorised the acquisition of Pharmacia Corporation (Pharmacia) by Pfizer Inc. (Pfizer) which creates the largest pharmaceutical company in the world, with market share of 10% (see EUROPE 7 February p 12). The parties had to make commitments to the Commission before obtaining the green light as the operation raised serious competition concerns in human pharmaceuticals. In the market for Erectile Dysfunction, Pfizer markets...

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