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Fatima Shahid

Spanish Competition Authority Approves Ten Mergers Without Concerns

07.10.2024 | Spanish competition authority

The Spanish competition authority, CNMC, greenlights ten merger operations in August and September without imposing any commitments in the initial phase, citing minimal competition risks.


The CNMC approved ten merger operations in August and September, including acquisitions in real estate, education, electrical equipment distribution, and healthcare services markets. These transactions were deemed not to pose significant competition risks by the CNMC.

Competition law advisors should pay attention to assessing potential competition issues in mergers and acquisitions to ensure compliance with regulations. The acquisitions by companies like Caser Residencial, Jacobs Holding, Sonepar Ibérica, and Avanza Mobility did not raise concerns due to weak horizontal overlaps and the presence of other major players in the markets.

Customers' price sensitivity and the importance of diversifying supply sources are highlighted, with no significant barriers for new competitors in the market. Notable acquisitions include Waste Management's purchase of Stericycle, Grupo Syrsa Automóviles acquiring Almina Automoción, and Siemens Healthineers AG buying Novartis' imaging business in Europe.

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