Author (Corporate) | European Commission: DG Communication |
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Series Title | Press Release |
Series Details | IP/17/3941 (13.10.17) |
Publication Date | 13/10/2017 |
Content Type | News |
Background and further information: The Commission found that the proposed transaction would raise no competition concerns on these markets. This is due to the presence of other significant competitors, the limited geographic overlaps between Atlantia's and Abertis' motorway networks, and the fact that the market for toll motorway concessions is a highly regulated bidding market. The transaction was notified to the Commission on 8 September 2017. The European Commission approved on 13 October 2017 under the EU Merger Regulation the proposed acquisition of Abertis by Atlantia, both companies in toll road and infrastructure management. |
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Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-17-3941_en.htm |
Subject Categories | Business and Industry, Internal Markets |
Countries / Regions | Europe |