Press Release: Mergers: Commission approves joint venture between TOTAL and ERG

Author (Corporate)
Series Title
Series Details IP/10/600 (21.5.10)
Publication Date 21/05/2010
Content Type

The European Commission cleared on 21 May 2010 under the EU Merger Regulation the proposed merger of Total Italia and Erg Petroli (EGP), both of Italy, into a new joint venture, active in the refined oil sector. After examining the operation, the Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.

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