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Document 32012M6764
Commission Decision of 11/12/2012 declaring a concentration to be compatible with the common market (Case No COMP/M.6764 - JCDECAUX / RUS AD / RUSS OUT OF HOME) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)
Décision de la Commission du 11/12/2012 déclarant la compatibilité avec le marché commun d'une concentration (Affaire N COMP/M.6764 - JCDECAUX / RUS AD / RUSS OUT OF HOME) sur base du Règlement (CE) N 139/2004 du Conseil. (Le texte en langue anglaise est le seul faisant foi.)
Décision de la Commission du 11/12/2012 déclarant la compatibilité avec le marché commun d'une concentration (Affaire N COMP/M.6764 - JCDECAUX / RUS AD / RUSS OUT OF HOME) sur base du Règlement (CE) N 139/2004 du Conseil. (Le texte en langue anglaise est le seul faisant foi.)
In force
32012M6764
Commission Decision of 11/12/2012 declaring a concentration to be compatible with the common market (Case No COMP/M.6764 - JCDECAUX / RUS AD / RUSS OUT OF HOME) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)
|EUROPEAN COMMISSION | Brussels, 11-12-2012 PUBLIC VERSION C(2012)9608 SIMPLIFIED MERGER PROCEDURE To the notifying party: Dear Madam(s) and/or Sir(s), Subject: Case No COMP/M.6764 – JCDECAUX/RUS AD INVEST/RUSS OUT OF HOME Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004 [1] 1. On 13 November 2012, the European Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 [2] by which JCDecaux Central Eastern Europe Holding GmbH ("JCDecaux CEE", Austria), controlled by French group JCDecaux, and Rus AD Invest Coöperatief U.A. ("Rus AD", the Netherlands), controlled by Russian VTB Group, intend to acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control over Russ Out Of Home B.V. ("Russ Out Of Home", the Netherlands) by way of purchase of shares. 2. The business activities of the undertakings concerned are: - for JCDecaux CEE: a company active in the outdoor advertising business; - Rus AD: a company active in the management or ownership of the assets of other companies and businesses; and - for Russ Out Of Home: a company active in the outdoor advertising business in Russia. 3. After examination of the notification, the European Commission has concluded that the notified operation falls within the scope of the Merger Regulation and of paragraph 5(a) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 [3] . 4. For the reasons set out in the Notice on a simplified procedure, the European Commission has decided not to oppose the notified operation and to declare it compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of the Merger Regulation. For the Commission signed Alexander ITALIANER Director General [1]OJ L 24, 29.1.2004, p. 1 ("the Merger Regulation"). With effect from 1 December 2009, the Treaty on the Functioning of the European Union ("TFEU") has introduced certain changes, such as the replacement of "Community" by "Union" and "common market" by "internal market". The terminology of the TFEU will be used throughout this decision. [2] OJ L 24, 29.1.2004, p. 1 (the "Merger Regulation") [3] OJ C 56, 5.3.2005, p. 32.