The European Commission has cleared Arrow’s proposed acquisition of Altimate. Altimate is a French wholesale distributor of software and hardware products. US-based Arrow is a wholesale distributor of electronic components, data storage products, and IT services.
Although the merger creates an overlap in the parties’ activities for the wholesale distribution of computer and IT products, the merged entity would continue to face competition from rivals. Furthermore, the market has intra-brand and inter-brand competition, as well as knowledgable customers for whom switching costs would be low.
Full content: EC Press Release
Related content: Software Development as an Antitrust Remedy: Lessons from the Enforcement of the Microsoft Communications Protocol Licensing Requirement
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