# C_2010222EN.01000801.xml

| 17.8.2010 | EN | Official Journal of the European Union | C 222/8 |
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17.8.2010

EN

Official Journal of the European Union

C 222/8

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Prior notification of a concentration

(Case COMP/M.5922 — POSCO/Daewoo International)

Candidate case for simplified procedure

(Text with EEA relevance)

2010/C 222/06

| 1. | On 9 August 2010, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking POSCO (‘POSCO’, Republic of Korea) acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of the undertaking Daewoo International Corporation (‘Daewoo International’, Republic of Korea). |
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1.

On 9 August 2010, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking POSCO (‘POSCO’, Republic of Korea) acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of the undertaking Daewoo International Corporation (‘Daewoo International’, Republic of Korea).

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| 2. | The business activities of the undertakings concerned are:






  — | for undertaking POSCO: manufacturing and sale of steel products, |
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2.

The business activities of the undertakings concerned are:

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for undertaking POSCO: manufacturing and sale of steel products,

| — | for undertaking Daewoo International: trade in a wide range of products including steel products and steel semi-finished products, industrial machinery, automotive components, electric industry products, textiles, defence supplies, iron ore, iron scrap, non-ferrous metals, chemicals, agricultural, and livestock products. |
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for undertaking Daewoo International: trade in a wide range of products including steel products and steel semi-finished products, industrial machinery, automotive components, electric industry products, textiles, defence supplies, iron ore, iron scrap, non-ferrous metals, chemicals, agricultural, and livestock products.

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the EC Merger Regulation. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the EC Merger Regulation (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice. |
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3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the EC Merger Regulation. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the EC Merger Regulation (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

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| 4. | The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
  Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.5922 — POSCO/Daewoo International, to the following address:





  European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| J-70 |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

4.

The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.

Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.5922 — POSCO/Daewoo International, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

J-70

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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(1)  OJ L 24, 29.1.2004, p. 1 (the ‘EC Merger Regulation’).

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(2)  OJ C 56, 5.3.2005, p. 32 (‘Notice on a simplified procedure’).

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