CELEX: 32018M9194
Language: en
Date: 2018-12-04 00:00:00
Title: Commission Decision of 04/12/2018 declaring a concentration to be compatible with the common market (Case No COMP/M.9194 - Sharp Corporation / Skytec Group Limited) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 4.12.2018
                                                                C(2018) 8415 final
                                                                        PUBLIC VERSION
                                                                To the notifying parties:
Subject:        Case M.9194 – SHARP / SKYTEC UMC
                Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC)
                                1                                                                             2
                No 139/2004 and Article 57 of the Agreement on the European Economic Area
Dear Sir or Madam,
1.      On 12 November 2018, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which Sharp Corporation
        ("Sharp", Japan) acquires within the meaning of Article 3(1)(b) of the Merger Regulation
        sole control of the whole of Skytec UMC Ltd ("Skytec UMC", Cyprus) by way of purchase
        of shares.3
2.      The business activities of the undertakings concerned are:
             for Sharp: the development, manufacture and sales of multiple electronic products,
              including liquid crystal display ("LCD") television sets, LCD monitors, solar panels,
              mobile communication handsets, video projectors, multi-function printing devices,
              microwave ovens, air conditioners and cash registers. In addition to its own branded
              products, Sharp produces certain consumer electronic products for third parties;
          for Skytec UMC: the design, manufacture and distribution of television sets under its
              own brands, the Sharp brand and third party brands. It also sells smartphones, audio
              products and home appliances.
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 418, 19.11.2018, p. 8.
Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË
Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.
 ---pagebreak--- 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(d) of
   the Commission Notice on a simplified procedure for treatment of certain concentrations
   under Council Regulation (EC) No 139/2004.4
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
4  OJ C 366, 14.12.2013, p. 5.
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