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Europe Daily Bulletin No. 8979

29 June 2005
Contents Publication in full By article 25 / 40
GENERAL NEWS / (eu) eu/competition
Avenet's purchase of Memec authorised

Brussels, 28/06/2005 (Agence Europe) - Taking the view that the operation would not create any significant competition distortion, the Commission has authorised the planned acquisition of the American electronic component distributor Memec by its fellow American company, Avenet. Both of these companies supply electronic components which go into the production of computers, amongst other products. The Commission's investigation focused mainly on the semiconductor market, in which Memec is a...

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