CELEX: 32016M8066
Language: en
Date: 2016-06-15 00:00:00
Title: Commission Decision of 15/06/2016 declaring a concentration to be compatible with the common market (Case No COMP/M.8066 - RANDSTAD / OBIETTIVO LAVORO ) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                     
                  
               
               Brussels, 15.06.2016
            
            
               C(2016) 3804 final
            
            
                  
            
            
            
            
                     
                        To the notifying party:
                        
                  
                  
                     
                  
               
                     
                  
                  
                     
                  
               
               Dear Sirs,
            
            
               Subject:Case M.8066 – RANDSTAD / OBIETTIVO LAVORO
                  Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004
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                and Article 57 of the Agreement on the European Economic Area
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               1.On 23 May 2016, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which Randstad Holding N.V. ("Randstad", the Netherlands) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of OL Group S.r.l. ("Obiettivo Lavoro", Italy) by way of purchase of shares.
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               2.The business activities of the undertakings concerned are:
            
            
               -for Randstad : the provision of temporary employment services, permanent placement services and other HR related services in several European countries as well as in the United States, Canada, South America and Asia.
            
            
               -for Obiettivo Lavoro: the provision of temporary employment services, permanent placement services and other HR related services mainly in Italy.
            
            
               3.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(c) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004.
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               4.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 and Article 57 of the EEA Agreement.
            
            
            
            
            
               For the Commission
            
            
               (Signed)
            
         
         
            
               Johannes LAITENBERGER
                  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)
                   
                        OJ L 1, 3.1.1994, p. 3 (the 'EEA Agreement').
               
               
                  
                     (3)
                   
                        Publication in the Official Journal of the European Union No C 190, 28.05.2016, p.14.
               
               
                  
                     (4)
                  
                  
                      
                           OJ C 366, 14.12.2013, p. 5.