France: Competition Authority gives go-ahead for the takeover of Toys’R’Us’ French subsidiary
The French Competition Authority announced on Friday, April 19, that it has given the go-ahead for the takeover of Toys’R’Us’ French subsidiary by Jellej Jouets,
On November 22, 2018, the company Jellej Jouets (Toys’R’Us brand) notified the Autorité de la concurrence of its planned acquisition of joint control of the company Luderix International (PicWic brand) alongside the undivided ownership resulting from the estate of Mr. Stéphane Mulliez.
By decision of the Commercial Court of Evry of October 2018, Jellej Jouets, controlled by the investment fund Cyrus Capital, had acquired the assets and activities of the French company Toys’R’Us group placed into receivership, notably its 44 stores specializing in toys and its website.
Luderix International specializes in the sector of buying and retail of games and toys and owns 25 Picwic stores as well as a website.
Following the transaction, during which Jellej will contribute its assets to Luderix’s capital, Luderix will operate Toys’R’Us France, Picwic and their websites.
Following an examination of the impact of this transaction on the markets of manufacturing and wholesale marketing of toys and the retail distribution of toys, the Autorité de la concurrence cleared the transaction by considering that it did not raise competition concerns.
Full Content: Autorite de la Concurrence
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Crypto Exchange Kraken Buys NinjaTrader for $1.5 Billion
Mar 20, 2025 by
CPI
Airbnb Caught in Contradiction Over EU’s Digital Markets Act
Mar 20, 2025 by
CPI
Atkore Faces Shareholder Lawsuit Over Alleged Price-Fixing Scheme
Mar 19, 2025 by
CPI
US Appeals Court Upholds Ruling Denying Copyright for AI-Generated Art
Mar 19, 2025 by
CPI
Morrison Foerster Expands European Antitrust Practice
Mar 19, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Self-Preferencing
Feb 26, 2025 by
CPI
Platform Self-Preferencing: Focusing the Policy Debate
Feb 26, 2025 by
Michael Katz
Weaponized Opacity: Self-Preferencing in Digital Audience Measurement
Feb 26, 2025 by
Thomas Hoppner & Philipp Westerhoff
Self-Preferencing: An Economic Literature-Based Assessment Advocating a Case-By-Case Approach and Compliance Requirements
Feb 26, 2025 by
Patrice Bougette & Frederic Marty
Self-Preferencing in Adjacent Markets
Feb 26, 2025 by
Muxin Li