Press release: Mergers: Commission closes infringement proceedings against Munksjö and Ahlstrom concerning provision of information in the context of a merger investigation

The European Commission closed on 29 October 2014 proceedings against Ahlstrom Corporation, Munksjö Oyi, both of Finland, and Munksjö AB of Sweden, for a suspected infringement of the rules concerning the provision of information to the Commission for merger control purposes. The Commission was concerned that the companies provided misleading information to the Commission in the course of a notification of a transaction under the EU Merger Regulation. In response to the Statement of Objections sent by the Commission in February, the parties have provided contemporaneous evidence explaining the discrepancies between the estimates provided to the Commission and the parties' internal documents. The Commission received the necessary information and therefore closed the infringement proceedings.

ESO: Background information: Mergers: Commission sends warning to Munksjö and Ahlstrom for providing misleading information in a merger case http://www.europeansources.info/record/press-release-mergers-commission-sends-warning-to-munksjo-and-ahlstrom-for-providing-misleading-information-in-a-merger-case/

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