Mergers: Commission clears acquisition of ABB’s High Voltage Cable and Cable Accessories Businesses by NKT

On 27 of February 2017 the European Commission cleared unconditionally under the EU Merger Regulation the proposed acquisition of ABB's high voltage cable business and power cable accessories business by NKT. The Commission concluded that the merged entity would continue to face effective competition in Europe.

Both NKT and ABB's high voltage cable businesses develop and supply power cables and cable accessories. In its investigation, the Commission looked at the effects on competition of the removal of one competitor, and whether the transaction would make it more likely that the remaining players could co-ordinate their competitive behaviour.

• Primary Source

ESO: Background information: Competition policy: Concentrations http://www.europeansources.info/record/competition-policy-concentrations/

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