Press Release: Mergers: Commission approves acquisition of computer distributor Altimate by rival Arrow

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Altimate, a French company active in the distribution of software and IT hardware products, by Arrow, a US company also operating in this market. The Commission concluded that the proposed transaction would not raise competition concerns because of the limited overlap between the parties' activities and because the merged entity will face sufficient competition.