Antitrust & Competition Policy Blog

Editor: D. Daniel Sokol
University of Florida
Levin College of Law

Tuesday, September 3, 2019

Mergers between Backward Integrated Firms: Insights from BASF/Solvay’s Polyamide Business

Frank Maier-Rigaud and Nicola Tosini discuss Mergers between Backward Integrated Firms: Insights from BASF/Solvay’s Polyamide Business.

ABSTRACT: On 19 September 2017, BASF publicly announced that it had agreed to purchase Solvay’s polyamide business, and the transaction was notified to the European Commission on 22 May 2018.1 After opening an in-depth investigation on 26 June 2018 and receiving an offer for commitments on 10 October 2018, the Commission conditionally cleared the transaction on 18 January 2019. In announcing the approval of the deal, Commissioner for Competition Margrethe Vestager hailed the ‘creation of a significant European player’ in the polyamide industry.

https://lawprofessors.typepad.com/antitrustprof_blog/2019/09/mergers-between-backward-integrated-firms-insights-from-basfsolvays-polyamide-business.html

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