CELEX: 32002M2700
Language: en
Date: 2002-01-25 00:00:00
Title: Commission Decision of 25/01/2002 declaring a concentration to be compatible with the common market (Case No COMP/M.2700 - PGA MOTORS / JARDINE MOTORS) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)

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32002M2700

Commission Decision of 25/01/2002 declaring a concentration to be compatible with the common market (Case No IV/M.2700 - PGA MOTORS / JARDINE MOTORS) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  

Official Journal 043 , 16/02/2002 P. 0022 - 0022

Commission Decision of 25/01/2002 declaring a concentration to be compatible with the common market (Case No IV/M.2700 - PGA MOTORS / JARDINE MOTORS) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) To the notifying partyDear Sir,Subject: Case No. COMP/M.2700-PGA Motors/Jardine Motor Notification of 20/12/2001 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 [1] Publication in the Official Journal of the European Communities No. C 6, 09/01/2002, page 5[1]   OJ L 395, 30.12.1989 p. 1; corrected version OJ L 257 of 21.9.1990, p. 13, as last amended by Regulation (EC) No 1310/97, OJ L 180, 9.7.1997, p. 1, corrigendum in OJ L 40, 13.2.1998, p. 17.1. On 20/12/2001, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No 4064/89by which the French undertaking PGA Motors S.A. (PGA), controlled by PGA S.A., acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the French undertaking Jardine Motors Group France S.A. (Jardine), controlled by Jardine International Motor Holdings B.V. by way of purchase of shares.2. The business activities of the undertakings concerned are: - for PGA : retail distribution of motor vehicles in France; - for Jardine : retail distribution of motor vehicles in France.3. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EEC) No. 4064/89 and of paragraph 4 (c) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 4064/89 [2].[2]   OJ C 217, 29.07.2000, p. 32.4. For the reasons set out in the Notice on a simplified procedure, the Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement.  This decision is adopted in application of Article 6(1)(b) of Council Regulation (EEC) No. 4064/89.For the CommissionMario MONTI Member of the Commission