32000M2153

COMMISSION DECISION of 28/09/2000 declaring a concentration to be compatible with the common market (Case No IV/M.2153 - 4* BHP/MITSUBISHI/QCT) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)

Brussels, 28.09.2000

SG (2000) D / 107145-146

To the notifying parties

Dear Sirs,

Subject: Case No. COMP/M.2153 - BHP / Mitsubishi / QCT

Notification of 01.09.2000 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 [1]

[1] OJ L 395, 30.12.1989 p. 1; corrected version OJ L 257 of 21.9.1990, p. 13, as last amended by Regulation (EC) No 1310/97, OJ L 180, 9.7.1997, p. 1, corrigendum in OJ L 40, 13.2.1998, p. 17.

Publication in the Official Journal of the European Communities No.C 258, 9 September 2000, p.10

1. On 1 September 2000, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 by which the undertakings Broken Hill Proprietary Company Ltd (BHP) [Australia] and Mitsubishi Corporation (Mitsubishi) [Japan] acquire joint control of QCT Resources Ltd (QCT) [Australia] by way of a public bid announced on 28 August 2000.

2. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EEC) No. 4064/89 and of section 4 (a) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 4064/89 [2].

[2] OJ C 217, 29.07.2000, p. 32.

3. For the reasons set out in the Notice on a simplified procedure, the Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of Council Regulation (EEC) No. 4064/89.

For the Commission,

Mario MONTI

Member of the Commission