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Europe Daily Bulletin No. 9749

27 September 2008
Contents Publication in full By article 22 / 31
GENERAL NEWS / (eu) eu/competition
Commission approves proposed acquisition of Siemen's subsidiary SHC by Arques

Brussels, 26/09/2008 (Agence Europe) - On Thursday 25 September, the European Commission cleared the proposed acquisition of SHC, the Home and Office Communication Devices business of Siemens of Germany, by Arques, also of Germany. SHC is active in the consumer electronics sector. Arques is an investment company. The Commission's investigation revealed that the limited overlap on the market for set-top boxes did not represent a threat to competition. The vertical effects, the Commission...

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