Showing posts from June, 2015

Mergers: EU Commission clears joint venture by and Hugendubel for online sale of books and e-books

The European Commission has approved under the EU Merger Regulation the creation of a joint venture by NET GmbH ("") and Heinrich Hugendubel GmbH und Co. KG Buchhandlung und Antiquariat ("Hugendubel"), both of Germany. and Hugendubel sell books, e-books and other products such as e-book readers, audio books, CDs and DVDs to consumers mainly in Germany. While Hugendubel sells those products online and through brick and mortar shops, operates an online platform.  The two companies will transfer their online sales activities into the newly created joint venture. The Commission concluded that the proposed transaction would raise no competition concerns, given the moderate market position the joint venture would hold and the presence of a number of strong players offering books, e-books and related products through online platforms. The transaction was examined under the simplified merger review procedure. More information is availab