We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

European Antitrust Regulators Eye Thule Merger

Law360 (August 16, 2006, 12:00 AM EDT) -- The European Commission is taking a closer look at a proposed merger between two of Europe’s largest snow-chain makers, after antitrust concerns gained traction during a preliminary regulatory review.

The Commission’s in-depth investigation, announced Wednesday, gives regulators 90 days to make a final determination on whether or not the merger between Sweden’s Thule AB and Austria’s Schneeketten Beteiligung AG would have a significant deleterious effect on competition in the relevant market.

“This takeover involves two major and well-established producers of snow chains,” Competition Commissioner Neelie Kroes...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.