natgillin/translations-raw huggingface dataset:
I den oprindelige aktionæraftale om fællesforetagendet forudses det, at leverancer af centrifuger til Areva og Urenco, uanset om de er led i fællesforetagendets forretningsplan/budget eller går derudover, vil kræve enstemmig godkendelse fra ETC-bestyrelsens side.
The initial shareholders’ agreement for the JV foresees that the supply of centrifuges to Areva or Urenco, be it as part of the JV’s business plan/budget or beyond that, will require the unanimous approval of the ETC board.
Da der vil blive udpeget et lige stort antal medlemmer af Areva og Urenco, vil hverken Areva eller Urenco være i stand til at forhindre den anden parts kapacitetsforøgelser ud over, hvad der er forudset i den aktuelle forretningsplan.
As an equal number of board members will be nominated by Areva and Urenco, either of Areva and Urenco would be in a position to prevent capacity increases by the other beyond what is foreseen in the current business plan.
(Sag COMP/M.3178 — Bertelsmann/Springer/JV)
(Case COMP/M.3178 — Bertelsmann/Springer/JV)
(meddelt under nummer K(2005) 1368)
(notified under document number C(2005) 1368)
Den 3. maj 2005 vedtog Kommissionen en beslutning i en fusionssag efter Rådets forordning (EF) nr. 139/2004 af 20. januar 2004 om kontrol med fusioner og virksomhedsovertagelser [1], særlig artikel 8, stk. 1.
On 3 May 2005 the Commission adopted a Decision in a merger case under Council Regulation (EC) No 139/2004 of 20 January 2004 on the control of concentrations between undertakings [1], and in particular Article 8(1) of that Regulation.
En ikke-fortrolig udgave af den fuldstændige beslutning kan findes på sagens autentiske sprog og på Kommissionens arbejdssprog på Generaldirektoratet for Konkurrences hjemmeside på følgende adresse: http://europa.eu.int/comm/competition/index_en.html(1) Den 4. november 2004 modtog Kommissionen en anmeldelse efter artikel 4 i Rådets forordning (EF) nr. 139/2004 (fusionsforordningen) af en planlagt fusion, hvorved de tyske virksomheder Bertelsmann AG (Bertelsmann), virksomhedens helejede datterselskab Grüner + Jahr AG & Co. KG (G+J) og Axel Springer AG (Springer), ved køb af aktier erhverver fælles kontrol over et nyoprettet joint venture-selskab.
A non-confidential version of the full Decision can be found in the authentic language of the case and in the working languages of the Commission on the website of the Directorate-General for Competition, at the following address: http://europa.eu.int/comm/competition/index_en.html(1) On 4 November 2004, the Commission received a notification under Article 4 of Council Regulation (EC) No 139/2004 (‘the Merger Regulation’) a proposed concentration by which the German undertakings Bertelsmann AG (‘Bertelsmann’), its solely controlled subsidiary Gruner+Jahr AG & Co. KG (‘G+J’), and Axel Springer AG (‘Springer’), would acquire joint control of the German undertaking NewCo (‘NewCo’) by way of purchase of shares in a newly created company constituting a joint venture.
Bertelsmann (og G+J) og Springer omtales under et som parterne.
Bertelsmann (and G+J) and Springer are collectively referred to as ‘the Parties’.
Den 29. november 2004 underrettede den tyske konkurrencemyndighed, Bundeskartellamt, Kommissionen om, at den påtænkte fusion truede med at påvirke konkurrencen betydeligt enten på det tyske marked for rotationsdybtryk eller på det tyske marked for tidskritiske trykte produkter, især blade.
On 29 November 2004 the German competition authority, the Bundeskartellamt, informed the Commission that the proposed concentration would threaten to affect significantly competition, either in the German market for rotogravure printing, or, in the alternative in the German market for time-critical print products, in particular magazines.
I sin beslutning af 23. december 2004 fastslog Kommissionen, at der var alvorlig tvivl om, hvorvidt den anmeldte transaktioner var forenelig med fællesmarkedet og EØS-aftalen.
By decision dated 23 December 2004, the Commission found that the notified operation raised serious doubts as to its compatibility with the common market and the functioning of the EEA Agreement.
Kommissionen indledte derfor procedure i sagen efter fusionsforordningen artikel 6, stk. 1, litra c), og besluttede, at den i medfør af fusionsforordningen artikel 9, stk. 3, litra a), selv skulle behandle de forhold, den tyske konkurrencemyndighed havde påpeget.
The Commission accordingly initiated proceedings in this case pursuant to Article 6(1)(c) of the Merger Regulation and decided that it should, by virtue of Article 9(3)(a) of the Merger Regulation, itself deal with the aspects raised by the German competition authority.
Bertelsmann er en international medievirksomhed.
Bertelsmann is an international media company.
Dens trykkeriaktiviteter er koncentreret i datterselskabet Arvato AG (Arvato), som kontrollerer det tyske anlæg til rotationsdybtryk Maul-belser i Nürnberg, offsettrykkeriet Mohn Media i Gütersloh og en række andre trykkerier i Europa, som anlæggene til rotationsdybtryk Eurogravure S.p.A. i Italien og Eurohueco S.A. i Spanien.
Its printing activities are concentrated in its subsidiary Arvato AG (‘Arvato’), which controls the German rotogravure printer maul-belser in Nuremberg, the offset printer Mohn Media in Guetersloh and various other printers in Europe, such as the rotogravure printers Eurogravure S.p.A. in Italy and Eurohueco S.A. in Spain.
Derudover vil Arvato åbne et nyt anlæg til rotationsdybtryk i Liverpool inden for de næste to år.
In addition, Arvato plans to start up a new rotogravure printing facility in Liverpool (UK) in the next two years.
Endvidere har Bertelsmanns helejede forlagsdivision, G+J, som beskæftiger sig med udgivelse, tryk og distribution af aviser og blade, to anlæg til rotationsdybtryk i Tyskland, nemlig i Itzehoe (i nærheden af Hamborg) og Dresden.
Furthermore, Bertelsmann’s solely controlled publishing arm G+J, active in the publishing, printing and distribution of newspapers and magazines, has two rotogravure printing facilities in Germany, located in Itzehoe (near Hamburg) and Dresden.
Springer er aktiv inden for udgivelse, trykning og distribution af aviser og blade og har aktier i tv- og radiostationer.
Springer is active in the publishing, printing and distribution of newspapers and magazines, and holds shares in television and radio broadcasters.
Springer driver to anlæg til rotationsdybtryk i Tyskland, nemlig i Ahrensburg (i nærheden af Hamborg) og i Darmstadt.
Springer operates two rotogravure printing facilities in Germany, namely in Ahrensburg (near Hamburg) and in Darmstadt.
Virksomheden har desuden tre offsettrykkerier, der udelukkende trykker aviser.
It also operates three off-set printing facilities which print exclusively newspapers.
Fusionen består i, at NewCo får tilført Arvatos, G+J’s og Springers fem tyske anlæg til rotationsdybtryk og Arvatos kommende anlæg til rotationsdybtryk i Det Forenede Kongerige.
The concentration consists in the contribution to NewCo of Arvato’s, G+J’s and Springer’s five German rotogravure facilities and of Arvato’s planned rotogravure printing facility in the UK.
Efter transaktioner vil Bertelsmann og G+J hver have en andel på 37,45 % af NewCo, mens Springer vil have de resterende 25,1 % med vetoret i forbindelse med strategiske beslutninger.
Following the transaction, Bertelsmann and G+J will each hold an interest of 37,45 % in NewCo and Springer will hold the remaining 25,1 %, with veto rights relating to strategic decisions.
NewCo er et selvstændigt fungerende joint venture-selskab og kontrolleres af Bertelsmann og Springer i fællesskab.
NewCo constitutes a full-function joint venture and is jointly controlled by Bertelsmann and Springer.
Et flertal i Det Rådgivende Udvalg for Kontrol med Fusioner støttede på udvalgets 131. møde den 22. april 2005 Kommissionens forslag om at vedtage en beslutning om at godkende fusionen [2].
The Advisory Committee on Concentrations, at its 131st meeting on 22 April 2005, with majority supported the Commission’s proposal to issue a clearance decision [2].
Høringskonsulenten gav i en rapport af 27. april 2005 udtryk for, at parternes ret til at blive hørt var overholdt [3].
The Hearing Officer, in a report dated 27 April 2005, took the view that the right of the parties to be heard had been respected [3].
Relevante geografiske markeder
Relevant Product Markets
Med hensyn til de relevante produktmarkeder koncentrerede Kommissionen sin markedsanalyse om, hvorvidt og i hvilken udstrækning rotationsdybtryk og offset er substituerbare teknikker, og hvorvidt de forskellige trykte produkter som blade, kataloger og reklamer udgør særskilte produktmarkeder.
With respect to the relevant product markets, the Commission’s market investigation focused on the question whether and to what extent rotogravure and offset printing are interchangeable techniques and whether the different printing applications, namely magazines, catalogues and advertisements constitute separate product markets.
Markedsundersøgelsen viste, at rotationsdybtryk generelt ikke kan erstattes af offset.
The market investigation has shown that rotogravure printing can generally not be substituted by offset printing.
Rotationsdybtryk benyttes især til trykning af store mængder, dvs. ordrer på store oplag og mange sider, mens offset især bruges til mindre mængder.
Rotogravure printing is mainly used for large-volume print orders, i.e. print orders with a big number of copies and pages while the use of the offset method is largely restricted to smaller volumes.
Omkostningerne ved trykkeprocessen er meget forskellige for offset og rotationsdybtryk, afhængigt af ordrens omfang.
The costs of a printing process strongly deviate for offset and rotogravure depending on the volume of a print order.
Mens der er tale om forholdsvis højere faste omkostninger ved trykpresser til rotationsdybtryk, har de større kapacitet og ydeevne og kan derfor trykke store sideantal hurtigere og med større omkostningseffektivitet.
While rotogravure presses are characterised by comparatively higher fixed costs, they have a bigger capacity and higher performance and can therefore process large numbers of pages faster and more cost-efficiently.
Trykpresser til offsettryk kan derimod kun trykke et mere begrænset antal forskellige sider i et enkelt oplag (højst 72 sider mod op til 192 sider ved rotationsdybtryk).
Offset printing presses are, moreover, more limited in the number of different pages they can print in one print-run (maximum 72 pages as compared to up to 192 pages in rotogravure).
Markedsundersøgelsen bekræftede, at offset ikke lægger konkurrencepres på rotationsdybtryk af blade med over 64 sider i oplag på over 360000 eksemplarer eller for kataloger og reklamer med over 64 sider i oplag på over 450000.
The market investigation has confirmed that offset printing does not constitute a competitive constraint for rotogravure printing of magazines with more than 64 pages and more than 360000 copies as well as for catalogues and advertisements with more than 64 pages and more than 450000 copies.
En trykpresse til rotationsdybtryk kan trykke blade, reklamer og kataloger.
A rotogravure printing press can print magazines, advertisements and catalogues.
Alligevel er der tale om et særskilt produktmarked, i hvert fald for blade.
Nevertheless, at least for magazines a separate product market exists.
Blade er generelt mere tidskritiske end reklamer eller kataloger på grund af deres aktuelle indhold og sene deadlines for indrykkelse af annoncer.
Magazines are generally more time-critical than advertisements or catalogues due to the topicality of their content and the late deadlines for the insertion of advertisements.
Trykning af blade stiller imidlertid større krav til færdiggørelsesprocessen, især når der er tale om indlæg eller vedlæggelse af produktprøver.
Magazine printing is, moreover, connected to higher requirements with respect to the finishing process, in particular for inserts and add-ons of sample products.
De relevante maskiner til færdiggørelse er i de fleste tilfælde installeret på eller i nærheden af trykkeriet, for at bladene kan blive klar til tiden, mens det derimod oftere er tredjemand, der færdiggør kataloger.
The relevant finishing machines are in most cases installed at the printing site or close to it in order to allow for a timely finishing of the magazines whereas the finishing of catalogues for example is more often done by third parties.
Endvidere er distributionssystemet for blade helt forskelligt fra distribution af kataloger og reklamer, og trykkeprocessen skal derfor tilpasses de specifikke krav i forbindelse med blade.
Furthermore, the distribution system for magazines differs considerably from the distribution of catalogues and advertisements, and the printing process has thus to be adapted to these specific requirements of magazines.
Med hensyn til kataloger og reklamer kan det stå åbent, om der er tale om et enkelt eller særskilte produktmarkeder, da ingen af markedsopdelingerne giver anledning til konkurrencemæssige betænkeligheder.
With respect to catalogues and advertisements, it can be left open whether they constitute one single or separate product markets as no competition concerns arise under any market delineation.
I hvert fald for Tysklands vedkommende må man antage, at der er tale om et nationalt marked for trykning af blade.
At least for Germany, a national geographic market for magazine printing has to be assumed.
For resten af EØS kan afgrænsningen af det geografiske marked for trykning af blade stå åben, fordi der ikke opstår konkurrencemæssige betænkeligheder selv med den snævreste markedsdefinition (nationale markeder).
For the rest of the EEA, the geographic market for magazine printing can be left open since even under the narrowest market definition (national markets) no competition concerns arise.
Tyske blade trykkes næsten udelukkende i Tyskland.
German magazines are almost exclusively printed in Germany.
En af årsagerne er, at blade er tidskritiske, og risikoen for forsinkede leverancer stiger i takt med afstanden mellem trykkeriet og distributionsområdet.
One reason for this is the time-criticalness of magazines as the risk of delays in delivery increases with the distance between the printing site and the distribution area.
Desuden har mange trykkerier i andre lande i øjeblikket vanskeligheder med at forsyne de tyske forlag.
Moreover, many printers abroad currently encounter some difficulties to supply German publishers.
Det tyske bladdistributionssystem er forholdsvis kompliceret på grund af sin decentraliserede struktur (i modsætning til f.eks. det franske, hvor Paris fungerer som distributions-center).
The German magazine distribution system is comparatively complicated due to its decentralised structure (as opposed to the French one, for example, where Paris is the centralised distribution hub).
Endvidere opdeler forlagene Tyskland i forskellige såkaldte »Nielsen-områder«, afhængigt af sammensætningen af målgrupper for reklamer.
In addition, publishers divide Germany into different so-called ‘Nielsen-areas’ which exhibit different compositions of target groups for advertisement.
Trykningen skal justeres herefter, hvilket er vanskeligt for mange trykkerier uden for Tyskland.
The printing process has to be adjusted accordingly which is difficult for many printers located outside of Germany.
Med hensyn til kataloger viste markedsundersøgelsen, at trykordrer ofte spredes på en række trykkerier af hensyn til forsyningssikkerheden og rettidig levering af de ønskede store mængder.
As to catalogues, the market investigation showed that print orders are regularly split among several printers in order to ensure security of supply and a timely delivery of the required high volumes.
Det blev generelt bekræftet, ikke blot at katalogkunder i andre lande importerer varer, især fra Tyskland, men også at tyske kunder betragter udenlandske trykkerier som mulige alternativer.
It was broadly confirmed that not only catalogue customers in other countries import printing services, mostly from Germany, but also German customers regard foreign printers as viable alternatives.
Det relevante geografiske marked for kataloger kan defineres som Tyskland og nabolandene (Frankrig, Belgien, Nederlandene, Luxembourg, Schweiz, Østrig, Tjekkiet, Polen og Danmark) samt Italien og Slovakiet, der omfatter store udenlandske trykkerier i disse områder som Quebecor, Roto Smeets, Mondadori, Ilte, Rotocalcografica og Ringier.
The relevant geographic market for catalogues can be defined as Germany plus the neighbouring countries (France, Belgium, Netherlands, Luxemburg, Switzerland, Austria, Czech Republic, Poland, Denmark) as well as Italy and Slovakia, covering the large foreign printers in this areas such as Quebecor, RotoSmeets, Mondadori, Ilte, Rotocalcografica and Ringier.
Trykning af reklamer til tyske kunder foregår i vid udstrækning i Tyskland.
Advertisement printing for German customers is apparently to a large extent done in Germany.
På trods af en lavere importandel for trykning af reklamer end for trykning af kataloger, kan tyske kunder dog let benytte sig af pålidelige udenlandske trykkerier.
However, in spite of a lower import ratio for advertisement printing than for catalogue printing, German customers can easily turn to credible foreign printers.
Trykning af reklamer skaber ikke særlige vanskeligheder, der kan sammenlignes med vanskelighederne på markedet for trykning af blade, som f.eks. særlig klargøring eller specifikke distributionsvilkår.
The printing of advertisement does not create any specific difficulties comparable to those in the magazine printing market, such as the special finishing or specific conditions of distribution.
Desuden er reklamer generelt ikke så tidskritiske som blade.
Moreover, advertisements are generally not as time-critical as magazines.
Da de fleste udgivere af store kataloger samtidig udsender reklamer, ville det endvidere være let for dem at udnytte deres allerede etablerede forbindelser til udenlandske trykkerier til også at bestille reklamer.
Since most publishers of main catalogues also issue advertisements, it would in addition be easy for them to use their already existing links to foreign printers also for advertisement orders.
Derfor kan det geografiske marked for rotationsdybtryk af reklamer betragtes som det samme som for kataloger, dvs. Tyskland, nabolandene, Italien og Slovakiet.
For this reason, the geographic scope of the market for rotogravure advertisement printing can be considered to be the same as for catalogues, i.e. comprising Germany, its neighbouring countries, and Italy and Slovakia.
For resten af EØS kan afgrænsningen af det geografiske marked for trykning af kataloger og/eller reklamer stå åben, da der ikke opstår konkurrencemæssige betænkeligheder med selv den snævreste definition (nationale markeder).
For the rest of the EEA the geographic market for catalogue and/or advertisement printing can be left open since even under the narrowest geographic market definition (national markets) no competition concerns arise.
Det påtænkte joint venture vil drive virksomhed på markederne for rotationsdybtryk af blade, kataloger og reklamer i en række EØS-lande.
The proposed joint venture will be active in the markets for the rotogravure printing of magazines, catalogues and advertising in a number of countries belonging to the EEA.
De alvorligste virkninger af den påtænkte fusion vil — på grund af placeringen af de fem eksisterende trykkerier, der skal indgå i joint venturet — ske i Tyskland.
The most serious effects of the proposed concentration — due to the location of the five exiting printing facilities contributed to the joint venture — will be felt in Germany.
Markedet for rotationsdybtryk af kataloger og reklamer
Market for the rotogravure printing of catalogues and advertising
Kommissionen fandt, at på markedet for rotationsdybtryk af kataloger og reklamer vil NewCos markedsandele blive på [20-25] % [4] på et marked bestående af Tyskland, nabolandene, Italien og Slovakiet, i henhold til parternes overslag på baggrund af omsætningsmængderne i 2003.
The Commission found that in the market for rotogravure printing of catalogues and advertising, the market shares of NewCo would amount to [20-25] % [4] on a market including Germany, its neighbouring countries, and Italy and Slovakia according to the estimations of the parties on the basis of the volumes for 2003.
Med udgangspunkt i særskilte markeder for kataloger og reklamer vil det påtænkte joint venture få en andel på [15-20] % [4] Dele af denne tekst er redigeret for at sikre, at fortrolige oplysninger ikke afsløres. Disse dele er omgivet af skarpe parenteser og markeret med en asterisk.
On the basis of distinct markets for catalogues and advertising, the proposed joint venture would have a share of [15-20] % [4] Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk.
af markedet for trykning af kataloger og [20-25] % [4] Dele af denne tekst er redigeret for at sikre, at fortrolige oplysninger ikke afsløres. Disse dele er omgivet af skarpe parenteser og markeret med en asterisk.
in a market for catalogue printing and of [20-25] % [4] Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk.
af markedet for trykning af reklamer.
in one for advertising printing.
På særskilte markeder og på et samlet marked for kataloger og reklamer vil Schlott og Quebecor ligge lige efter med andele på mellem [10-15] % [4] Dele af denne tekst er redigeret for at sikre, at fortrolige oplysninger ikke afsløres. Disse dele er omgivet af skarpe parenteser og markeret med en asterisk.
On separate markets as well as on a combined catalogue and advertisement market, Schlott and Quebecor would follow in short distance with market shares between [10-15] % [4] Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk.
og [10-15] % [4] Dele af denne tekst er redigeret for at sikre, at fortrolige oplysninger ikke afsløres. Disse dele er omgivet af skarpe parenteser og markeret med en asterisk.
and [10-15] % [4] Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk.
, mens TSB vil få omkring [10-15] % [4] Dele af denne tekst er redigeret for at sikre, at fortrolige oplysninger ikke afsløres. Disse dele er omgivet af skarpe parenteser og markeret med en asterisk.
and TSB with approximately [10-15] % [4] Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk.
På et sådant marked er der derfor ingen konkurrencemæssige betænkeligheder hverken for et fælles marked for trykning af kataloger og reklamer eller for særskilte markeder for trykning af kataloger og reklamer.
On such a market, competition concerns therefore neither arise for a market combining catalogue and advertising prints nor for distinct markets for catalogue and advertising printing.
Derudover giver joint venturets markedsandele ikke anledning til konkurrencemæssige betænkeligheder på noget andet geografisk marked i EØS [5].
Apart from this, in all other possible geographic markets in the EEA the market shares of the joint venture do not give rise to competition concerns [5].
Markedet for rotationsdybtryk af blade
Market for the rotogravure printing of magazines
Joint ventures andel af det tyske handelsmarked for rotationsdybtryk af blade vil blive omkring [0-50] % [4] Dele af denne tekst er redigeret for at sikre, at fortrolige oplysninger ikke afsløres. Disse dele er omgivet af skarpe parenteser og markeret med en asterisk.
The market share of the joint venture in the German merchant market for rotogravure printing of magazines will be around [0-50] % [4] Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk.