CELEX: 32014M7173
Language: en
Date: 2014-02-13 00:00:00
Title: Commission Decision of 13/02/2014 declaring a concentration to be compatible with the common market (Case No COMP/M.7173 - APAX PARTNERS / TRADER MEDIA GROUP) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |
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                                        Brussels, 13/02/2014
                                        C(2014) 1058

                                        |To the notifying party:                                            |                                                                   |
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Dear Sir,

Subject:    Case COMP/M.7173 - APAX PARTNERS/ TRADER MEDIA GROUP
         Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004[1]

   1. On 21/01/2014, the European Commission received notification of a proposed concentration pursuant to Article 4 of Council  Regulation  (EC)
      No 139/2004 by which the undertaking Apax Partners LLP ("AP", United Kingdom) acquires within the meaning of Article 3(1)(b) of the  Merger
      Regulation control of the whole of the undertaking Trader Media Group Limited ("Trader Media", United  Kingdom)  by  way  of   purchase  of
      shares.

   2. The business activities of the undertakings concerned are:

      -     for AP: investment advisory services;

      -     for Trader Media: provision of automotive classified advertising through online platforms[2].

   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[3].

   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.

                                        For the Commission

                                        (Signed)
                                        Alexander ITALIANER
                                        Director General
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[1]   OJ L 24, 29.1.2004, p. 1 ("the Merger Regulation").
[2]   Publication in the Official Journal of the European Union No C 025, 28.01.2014, p. 7.
[3]   OJ C 366, 14.12.2013, p. 5.

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                                                                  PUBLIC VERSION

                                                           SIMPLIFIED MERGER PROCEDURE