do-me/EUR-LEX huggingface dataset:
Application for negative clearance (Case COMP/38.229/D-1 — Generali/Commerzbank) (Text with EEA relevance)
Date: 2001-09-29
Institutions: European Commission
Subjects: Germany, bank, economic concentration, exchange of information, insurance, merger control

C 274/12

EN

Official Journal of the European Communities

29.9.2001

Application for negative clearance

(Case COMP/38.229/D-1 (cid:151) Generali/Commerzbank)

(2001/C 274/04)

(Text with EEA relevance)

1.
On 6 September 2001 the Commission received from Assicurazioni Generali SpA and Commerzbank
Aktiengesellschaft an application for negative clearance, pursuant to Article 2 of Council Regulation No 17,
of agreements concluded between AMB Generali Holding AG (AMB) and Commerzbank Aktiengesellschaft,
relating to the creation of a joint venture for the distribution in the Federal Republic of Germany of AMB
insurance and endowment products via Commerzbank branches and of Commerzbank banking products
via the AMB group’s network.

The markets affected by this bancassurance cooperation are the insurance and the retail banking

2.
markets in the Federal Republic of Germany.

On preliminary examination, the Commission finds that the notified arrangements could fall within

3.
the scope of Regulation 17.

The Commission invites interested third parties to submit their possible observations on the above-

4.
mentioned arrangements.

Observations must reach the Commission not later than one calendar month following the date of
the reference

5.
this publication. These can sent by fax (No (32-2) 296 98 07) or by post, under
COMP/38.229/D-1, to:

European Commission,
Directorate-General for Competition,
Directorate D (cid:151) Financial Services Unit D-1,
Office 2/221,
Rue Joseph II/Jozef II-straat 70,
B-1000 Brussels.