CELEX: 32019M9214
Language: en
Date: 2019-01-17 00:00:00
Title: Commission Decision of 17/01/2019 declaring a concentration to be compatible with the common market (Case No COMP/M.9214 - Mitsubishi UFJ Financial Group, Inc. / Akamai Technologies, Inc) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 17.01.2019
                                                                C(2019) 336 final
                                                                         PUBLIC VERSION
                                                                To the notifying parties:
Subject:        M.9214 - MUFG HD / AKAMAI / JV
                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 14 December 2018, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which Mitsubishi UFJ
        Financial Group, Inc. ("MUFG HD", Japan) and Akamai Technologies, Inc. ("Akamai",
        US) acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint
        control of a newly created company constituting a joint venture (the "JV"). The
        concentration is accomplished by way of purchase of shares and contribution of assets. 3
2.      The business activities of the undertakings concerned are:
             − for MUFG HD: a holding company for entities engaged in a wide range of financial
                 businesses,
             − for Akamai: the provision of cloud services for delivering, optimizing and securing
                 content and business applications over the Internet,
             − for the JV: the provision of a blockchain-based online payment network in Japan.
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
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 460, 21.12.2018, p. 42.
4       OJ C 366, 14.12.2013, p. 5.
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--- 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
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