Press release: Mergers: Commission opens in-depth investigation into Zimmer’s acquisition of Biomet

The European Commission has opened an in-depth investigation to assess whether the planned acquisition of Biomet Inc. (Biomet) by Zimmer Holdings Inc. (Zimmer), both of the US, is in line with the EU Merger Regulation. Both companies design and manufacture orthopaedic implants and related surgical products. The Commission has concerns that the transaction may lead to less innovation and choice and to higher prices in these sectors. The opening of an in-depth inquiry does not prejudge the outcome of the investigation. The Commission now has 90 working days, until 16 February 2015, to take a decision.