32002M2853

Commission Decision of 21/06/2002 declaring a concentration to be compatible with the common market (Case No IV/M.2853 - VOLKSWAGEN / DIN BIL) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)

To the notifying party

Dear Madam(s) and/or Sir(s),

Subject: Case No. COMP/M.2853 - VOLKSWAGEN/DIN BIL

Notification of VOLKSWAGEN/DIN BIL 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 129, 31/05/2002, page 17.

1. On 22 May 2002, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No 4064/89 [2] by which the undertaking Volkswagen AG ("VWAG"; Germany) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking Din Bil Holding AB ("DBHAB"; Sweden) by way of purchase of shares.

[2] OJ L 395, 30.12.1989 p. 1; corrigendum OJ L 257 of 21.9.1990, p. 13; Regulation as last amended by Regulation (EC) No 1310/97 (OJ L 180, 9. 7. 1997, p. 1, corrigendum OJ L 40, 13.2.1998, p. 17).

2. The business activities of the undertakings concerned are:

- for undertaking VWAG: developing, manufacturing and marketing of passenger cars, light commercial vehicles and related spare parts and accessories.

- for undertaking DBHAB: retail distributor for the Volkswagen, Audi, Seat and Skoda motor vehicles as well as Porsche motor vehicles in Gothenburg, Helsingborg, Malmö and Stockholm in Sweden.

3. 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 paragraph 4, subparagraph c of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 4064/89 [3].

4. [3] OJ C 217, 29.07.2000, p. 32.

5. 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

Signed by Mario MONTI Member of the Commission