Press Release: Mergers: Commission approves proposed acquisition of various Quelle assets by Otto

The European Commission cleared on 10 May 2010 under the EU Merger Regulation the proposed acquisition by the German Otto Group of certain assets of the Swiss home-shopping companies Quelle Versand AG i.L. (in liquidation) and Spengler Versand AG. The assets include inter alia trademarks, domain names and rights to use client data. The Commission concluded that the acquisition would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it

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