CELEX: 32017M8503
Language: en
Date: 2017-06-08 00:00:00
Title: Commission Decision of 08/06/2017 declaring a concentration to be compatible with the common market (Case No COMP/M.8503 - GOLDMAN SACHS / EURAZEO / DOMINION WEB SOLUTIONS) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                     
                  
               
               Brussels, 8.6.2017
            
            
               C(2017) 4095 final
            
            
            
               To the notifying parties:
            
            
            
               Subject:Case M.8503 - GOLDMAN SACHS / EURAZEO / DOMINION WEB SOLUTIONS 
                  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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               Dear Sir or Madam,
            
            
               1.On 12 May 2017, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which the undertakings The Goldman Sachs Group, Inc. (‘Goldman Sachs’, United States) and Eurazeo SA (‘Eurazeo’, France) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the undertaking Dominion Web Solutions, LLC (‘DWS’, United States) by way of a purchase of shares.
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               2.The business activities of the undertakings concerned are:
            
            
               -for Goldman Sachs: global investment banking, securities and investment management services,
            
            
               -for Eurazeo: financial investments,
            
            
               -for DWS: online marketplaces and related digital marketing solutions in the United States for the sale of vehicles and equipment.
            
            
               
            
               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.
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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 157, 19.5.2017, p. 19.
               
               
                  
                     (4)
                  
                  
                      
                           OJ C 366, 14.12.2013, p. 5.