The investigation being carried out by the European Commission into the merger between Friesland Foods and Campina is entering a new phase. Following an exploratory period of five weeks, which started on 12 June, the Commission announced today that it would be embarking on an in-depth follow-up investigation. This procedure is customary with mergers of this size.
On 12 June, Friesland Foods and Campina submitted a huge file to the
Directorate General for Competition of the European Commission in
Brussels. One of the Directorate’s responsibilities is to review
mergers. The file describes all the markets in which Friesland Foods
and Campina operate.
The European Commission will now be
investigating various market segments in detail to establish whether
the proposed merger could lead to market dominance. This phase is
expected to last between four and five months. The European Commission
is expected to give its final decision in the fourth quarter.
The European Commission’s decision to proceed with a follow-up investigation does not come as a surprise.