Press Release: Mergers: Commission approves acquisition of The Body Shop by L’Oréal

The European Commission on 1 June 2006 cleared under the EU Merger Regulation the proposed acquisition of the UK company The Body Shop International plc by the French group L’Oréal SA. After examining the operation, the Commission concluded that the transaction would not result in higher prices for cosmetics to the detriment of European consumers or otherwise significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.