# C_2015376EN.01000301.xml

| 13.11.2015 | EN | Official Journal of the European Union | C 376/3 |
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Opinion of the Advisory Committee on mergers given at its meeting of 16 April 2015 regarding a draft decision relating to Case M.7292 DEMB/Mondelēz/Charger OpCo

Rapporteur: Greece

(2015/C 376/04)

Concentration

| | 1. | The Advisory Committee agrees with the Commission that the notified operation constitutes a concentration within the meaning of Article 3(1)b and Article 3(4) of the Merger Regulation. |
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| | 2. | The Advisory Committee agrees with the Commission that the notified operation has a Union dimension pursuant to Article 1(2) of the Merger Regulation. |
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Relevant Markets

| | 3. | The Advisory Committee agrees with the Commission’s definitions of the relevant product and geographic markets in the draft Decision. |
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| | 4. | In particular, the Advisory Committee agrees with the Commission's conclusions that for the purpose of assessing the proposed concentration:
4.1.
Sales via the in-home and Out-of-Home (OOH) channels form part of separate product markets; 4.2.
Private label and branded coffee products belong to the same product market irrespective of the coffee format; 4.3.
Single-serve coffee machines belong to a different product market than multi-serve coffee machines 4.4.
All single-serve coffee machines belong to one differentiated product market 4.5.
Roast&Ground (R&G) coffee constitutes a separate product market from other coffee formats 4.6.
Instant coffee constitutes a separate product market from other coffee formats. 4.7.
N-capsules constitute a separate product markets from other coffee formats. 4.8.
Filter pads constitute a separate product market from other coffee formats. 4.9.
The relevant geographic scope of all coffee product markets is national. | 4.1. | Sales via the in-home and Out-of-Home (OOH) channels form part of separate product markets; | 4.2. | Private label and branded coffee products belong to the same product market irrespective of the coffee format; | 4.3. | Single-serve coffee machines belong to a different product market than multi-serve coffee machines | 4.4. | All single-serve coffee machines belong to one differentiated product market | 4.5. | Roast&Ground (R&G) coffee constitutes a separate product market from other coffee formats | 4.6. | Instant coffee constitutes a separate product market from other coffee formats. | 4.7. | N-capsules constitute a separate product markets from other coffee formats. | 4.8. | Filter pads constitute a separate product market from other coffee formats. | 4.9. | The relevant geographic scope of all coffee product markets is national. |
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| 4.1. | Sales via the in-home and Out-of-Home (OOH) channels form part of separate product markets; | | | | | | | | | | | | | | | | | | | |
| 4.2. | Private label and branded coffee products belong to the same product market irrespective of the coffee format; | | | | | | | | | | | | | | | | | | | |
| 4.3. | Single-serve coffee machines belong to a different product market than multi-serve coffee machines | | | | | | | | | | | | | | | | | | | |
| 4.4. | All single-serve coffee machines belong to one differentiated product market | | | | | | | | | | | | | | | | | | | |
| 4.5. | Roast&Ground (R&G) coffee constitutes a separate product market from other coffee formats | | | | | | | | | | | | | | | | | | | |
| 4.6. | Instant coffee constitutes a separate product market from other coffee formats. | | | | | | | | | | | | | | | | | | | |
| 4.7. | N-capsules constitute a separate product markets from other coffee formats. | | | | | | | | | | | | | | | | | | | |
| 4.8. | Filter pads constitute a separate product market from other coffee formats. | | | | | | | | | | | | | | | | | | | |
| 4.9. | The relevant geographic scope of all coffee product markets is national. | | | | | | | | | | | | | | | | | | | |

Competitive Assessment — Horizontal non-coordinated effects

| | 5. | The Advisory Committee agrees with the Commission that the proposed concentration, as originally proposed by the Notifying Parties, is likely to significantly impede effective competition in the internal market or a substantial part thereof in particular as a result of the creation of a dominant position:
5.1.
with respect to the horizontal overlap between the parties' activities on the R&G market in France; 5.2.
with respect to the horizontal overlap between the parties' activities on the R&G market in Denmark; 5.3.
with respect to the horizontal overlap between the parties' activities on the R&G market in Latvia; 5.4.
with respect to the horizontal overlap between the parties' activities on the filter pads market in France 5.5.
with respect to the horizontal overlap between the parties' activities on the filter pads market in Austria. | 5.1. | with respect to the horizontal overlap between the parties' activities on the R&G market in France; | 5.2. | with respect to the horizontal overlap between the parties' activities on the R&G market in Denmark; | 5.3. | with respect to the horizontal overlap between the parties' activities on the R&G market in Latvia; | 5.4. | with respect to the horizontal overlap between the parties' activities on the filter pads market in France | 5.5. | with respect to the horizontal overlap between the parties' activities on the filter pads market in Austria. |
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| 5.1. | with respect to the horizontal overlap between the parties' activities on the R&G market in France; | | | | | | | | | | | |
| 5.2. | with respect to the horizontal overlap between the parties' activities on the R&G market in Denmark; | | | | | | | | | | | |
| 5.3. | with respect to the horizontal overlap between the parties' activities on the R&G market in Latvia; | | | | | | | | | | | |
| 5.4. | with respect to the horizontal overlap between the parties' activities on the filter pads market in France | | | | | | | | | | | |
| 5.5. | with respect to the horizontal overlap between the parties' activities on the filter pads market in Austria. | | | | | | | | | | | |

| | 6. | The Advisory Committee agrees with the Commission's assessment that the notified transaction would not lead to a significant impediment to effective competition:
6.1.
with respect to the horizontal overlap between the parties' activities on single-serve machines markets in Austria, Denmark, France, Germany, the Netherlands, Spain and the United Kingdom; 6.2.
with respect to the horizontal overlap between the parties' activities on the R&G markets in the Czech Republic, Greece, Poland, Bulgaria, Hungary, the Netherlands and Spain; 6.3.
with respect to the horizontal overlap between the parties' activities on the instant coffee markets in the Czech Republic, Denmark, Estonia, Greece, Hungary, Latvia, Lithuania, the Netherlands, Poland, Slovakia, Spain or the United Kingdom; 6.4.
with respect to the horizontal overlap between the parties' activities on the filter pads markets in Germany and the Netherlands; 6.5.
with respect to the horizontal overlap between the parties' activities on the OOH markets in Denmark, Germany, Sweden and the United Kingdom. | 6.1. | with respect to the horizontal overlap between the parties' activities on single-serve machines markets in Austria, Denmark, France, Germany, the Netherlands, Spain and the United Kingdom; | 6.2. | with respect to the horizontal overlap between the parties' activities on the R&G markets in the Czech Republic, Greece, Poland, Bulgaria, Hungary, the Netherlands and Spain; | 6.3. | with respect to the horizontal overlap between the parties' activities on the instant coffee markets in the Czech Republic, Denmark, Estonia, Greece, Hungary, Latvia, Lithuania, the Netherlands, Poland, Slovakia, Spain or the United Kingdom; | 6.4. | with respect to the horizontal overlap between the parties' activities on the filter pads markets in Germany and the Netherlands; | 6.5. | with respect to the horizontal overlap between the parties' activities on the OOH markets in Denmark, Germany, Sweden and the United Kingdom. |
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| 6.1. | with respect to the horizontal overlap between the parties' activities on single-serve machines markets in Austria, Denmark, France, Germany, the Netherlands, Spain and the United Kingdom; | | | | | | | | | | | |
| 6.2. | with respect to the horizontal overlap between the parties' activities on the R&G markets in the Czech Republic, Greece, Poland, Bulgaria, Hungary, the Netherlands and Spain; | | | | | | | | | | | |
| 6.3. | with respect to the horizontal overlap between the parties' activities on the instant coffee markets in the Czech Republic, Denmark, Estonia, Greece, Hungary, Latvia, Lithuania, the Netherlands, Poland, Slovakia, Spain or the United Kingdom; | | | | | | | | | | | |
| 6.4. | with respect to the horizontal overlap between the parties' activities on the filter pads markets in Germany and the Netherlands; | | | | | | | | | | | |
| 6.5. | with respect to the horizontal overlap between the parties' activities on the OOH markets in Denmark, Germany, Sweden and the United Kingdom. | | | | | | | | | | | |

Remedy

| | 7. | The Advisory Committee agrees with the Commission that the commitments are sufficient to remove the concerns raised by the proposed concentration as to its compatibility with the internal market or a substantial part thereof:
7.1.
with respect to the horizontal overlap between the parties' activities on the R&G market in France; 7.2.
with respect to the horizontal overlap between the parties' activities on the R&G market in Denmark; 7.3.
with respect to the horizontal overlap between the parties' activities on the R&G market in Latvia; 7.4.
with respect to the horizontal overlap between the parties' activities on the filter pads market in France. 7.5.
with respect to the horizontal overlap between the parties' activities on the filter pads market in Austria. | 7.1. | with respect to the horizontal overlap between the parties' activities on the R&G market in France; | 7.2. | with respect to the horizontal overlap between the parties' activities on the R&G market in Denmark; | 7.3. | with respect to the horizontal overlap between the parties' activities on the R&G market in Latvia; | 7.4. | with respect to the horizontal overlap between the parties' activities on the filter pads market in France. | 7.5. | with respect to the horizontal overlap between the parties' activities on the filter pads market in Austria. |
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| 7.1. | with respect to the horizontal overlap between the parties' activities on the R&G market in France; | | | | | | | | | | | |
| 7.2. | with respect to the horizontal overlap between the parties' activities on the R&G market in Denmark; | | | | | | | | | | | |
| 7.3. | with respect to the horizontal overlap between the parties' activities on the R&G market in Latvia; | | | | | | | | | | | |
| 7.4. | with respect to the horizontal overlap between the parties' activities on the filter pads market in France. | | | | | | | | | | | |
| 7.5. | with respect to the horizontal overlap between the parties' activities on the filter pads market in Austria. | | | | | | | | | | | |

Compatibility with the internal market

| | 8. | The Advisory Committee agrees with the Commission that, subject to full compliance with the commitments offered by the parties, and all commitments considered together, the proposed concentration is unlikely to significantly impede effective competition in the internal market or in a substantial part thereof. |
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| | 9. | The Advisory Committee agrees with the Commission’s view that the proposed concentration should be declared compatible with the internal market and the EEA Agreement in accordance with Articles 2(2) and 8(2) of the Merger Regulation and Article 57 of the EEA Agreement. |
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