CELEX: 32017M8485
Language: en
Date: 2017-06-30 00:00:00
Title: Commission Decision of 30/06/2017 declaring a concentration to be compatible with the common market (Case No COMP/M.8485 - HITACHI GROUP / HONDA / JV) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 30.6.2017
                                                                C(2017) 4671 final
                                                                          PUBLIC VERSION
                                                                To the notifying parties:
Subject:        Case M.8485 - HITACHI GROUP / HONDA / JV
                Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC)
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                No 139/2004 and Article 57 of the Agreement on the European Economic Area
Dear Sir or Madam,
1.      On 2 June 2017, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which Hitachi Automotive
        Systems Ltd ("HIAMS", Japan) and Honda Motor Co., Ltd ("Honda", Japan) acquire
        within the meaning of Article 3(4) of the Merger Regulation joint control of a newly
        created company constituting a joint venture (the "JV") by way of a purchase of shares.3
2.      The business activities of the undertakings concerned are:
          –        HIAMS is active in the production and supply of automotive products and
                   technologies;
          –        Honda is active in the production and distribution of automobiles, motorcycles
                   and power products;
          –        The JV will be active in the production and supply of electric motors in Japan,
                   China and the United States of America.
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 187, 13.6.2017, p. 61.
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(a)
    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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