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Image header Agence Europe
Europe Daily Bulletin No. 9393
Contents Publication in full By article 35 / 42
GENERAL NEWS / (eu) eu/competition

Commission gives go-ahead to Thrane and Thrane's acquisition of Nera

Brussels, 23/03/2007 (Agence Europe) - The European Commission has approved the planned acquisition of Nera Satcom AS of Norway by the Danish company Thrane & Thrane A/S. The main overlap between the activities of the parties concerns maritime terminals, the satellite communication equipment used by ship owners to receive and send data.

The Commission concluded that the merged entity would not be able to profitably raise prices because terminals produced by the parties are subject to...

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