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Image header Agence Europe
Europe Daily Bulletin No. 9319
Contents Publication in full By article 37 / 40
GENERAL NEWS / (eu) eu/competition

Commission approves acquisition of joint control of F Group by DSG International and FR Invest

Brussels, 01/12/2006 (Agence Europe) - The European Commission has cleared under the EU Merger Regulation the proposed acquisition of joint control of F Group of Denmark by DSG International plc of the UK and FR Invest A/S of Denmark. F Group and DSG International are retailers of electrical and electronic goods. DSG International specialises in the retail of consumer electronics goods, personal computers, domestic appliances and communication products. DSG trades in the EEA under a number of well-known retail chain brands, which include “Dixons”, “Currys” and “PC World”. FR Invest is an investment vehicle. The retailing activities of DSG and F Group overlap in various segments within the electrical and electronic consumer goods retail sector in Denmark and in the electrical goods procurement market. However, the market investigation carried out by the Commission confirmed that these overlaps are limited, and that the presence of both strong competitors and suppliers active in the EEA, would guarantee a wide choice for consumers. The Commission therefore concluded that there would be no risk of anti-competitive effects occurring as a result of the planned deal. (cd)

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