CELEX: 32012M6712
Language: en
Date: 2012-10-05 00:00:00
Title: Commission Decision of 05/10/2012 declaring a concentration to be compatible with the common market (Case No COMP/M.6712 - CARLYLE / GETTY IMAGES) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

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32012M6712

Commission Decision of 05/10/2012 declaring a concentration to be compatible with the common market (Case No COMP/M.6712 - CARLYLE / GETTY IMAGES) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)  

          |EUROPEAN COMMISSION      |
             Brussels, 05.10.2012
             SG-Greffe
             C(212)7132
             PUBLIC VERSION
             SIMPLIFIED MERGER PROCEDURE
            To the notifying party/ies:  | |
             Dear Madam(s) and/or Sir(s),
             Subject: Case No COMP/M.6712 - CARLYLE / GETTY IMAGES Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004  [1]  
            1.  On 07.09.2012, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which the undertaking Griffey Investors, L.P. (''Griffey Investors'', United States), ultimately controlled by the Carlyle Group (''Carlyle'', United States) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the undertaking Getty Images, Inc. (''Getty Images'', United States), by way of purchase of shares.
             The business activities of the undertakings concerned are:
              - for Carlyle: alternative asset manager;
              - for Getty Images: creation and distribution of digital media content, including visual content such as creative or “stock” imagery, stock footage, editorial imagery, illustrations and related services, as well as music downloads, to business clients [2]  .
            2.  After examination of the notification, the European Commission has concluded that the notified operation falls within the scope of the Merger Regulation and of paragraph 5(b) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 [3]  .  
            3.  For the reasons set out in the Notice on a simplified procedure, the European Commission has decided not to oppose the notified operation and to declare it compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of the Merger Regulation.
             For the Commission
             (signed)
             Alexander ITALIANER Director General
            [1]OJ L 24, 29.1.2004, p. 1 ("the Merger Regulation"). With effect from 1 December 2009, the Treaty on the Functioning of the European Union ("TFEU") has introduced certain changes, such as the replacement of "Community" by "Union" and "common market" by "internal market". The terminology of the TFEU will be used throughout this decision.
            [2]  Publication in the Official Journal of the European Union No C 278, 14.09.2012, p.6
            [3] OJ C 56, 5.3.2005, p. 32.