Press Release: Mergers: Commission clears acquisition of Bulgari by LVMH

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Italian luxury goods company Bulgari by the Moët Hennessy – Louis Vuitton Group ("LVMH") of France.

The Commission's investigation showed that the acquisition would not significantly alter the competitive structure of the markets concerned, as Bulgari holds small market shares only and LVMH will continue to face effective competition from several other manufacturers of luxury goods.