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In A First Ever French Watchdog Blocks A Merger

By  |  August 30, 2020

The Autorité de la concurrence issued a decision on Friday, August 28, in which it blocks the acquisition of joint control of a Géant Casino hypermarket located in the municipality of  Barberey-Saint-Sulpice (Aube) by Soditroy and Association des Centres Distributeurs E. Leclerc (hereinafter “ACDLec”).

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    Soditroy and the Association des Centres Distributeurs E. Leclerc were planning to acquire joint control of a Géant Casino hypermarket in the conurbation of Troyes.

    This merger raised serious competition concerns relating to price increases for consumers.  Due to the absence of remedies capable of addressing the competition concerns identified, the Autorité had to block the merger.

    Full Content: Autorite de la Concurrence

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