| Author (Corporate) | European Commission: Press and Communication Service |
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| Series Title | Press Release |
| Series Details | IP/05/1183 (26.09.05) |
| Publication Date | 26/09/2005 |
| Content Type | News |
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Further information: After examining the operation, the Commission concluded that the transaction would not significantly impede effective competition in the EEA. The investigation showed that the horizontal overlaps between the activities of UPS and Lynx were limited and that the combined entity would continue to face several strong competitors with significant market shares. The Commission also examined possible conglomerate effects. It concluded that the merger would not give rise to competition concerns as the contribution from Lynx to UPS’s network is small compared to the existing UPS network. The Commission concluded that the proposed transaction would not materially affect customers’ ability to choose between competing delivery services. The European Commission cleared on 26 September 2005 the proposed acquisition of UK-based Lynx Express Limited by UPS UK, a subsidiary of the United Parcel Service, under the EU Merger Regulation. |
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| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-05-1183_en.htm |
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| Subject Categories | Business and Industry, Internal Markets |
| Countries / Regions | Europe, United Kingdom |