| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/15/4727 (30.03.15) |
| Publication Date | 30/03/2015 |
| Content Type | News |
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On 30 March 2015 the European Commission approved under the EU Merger Regulation the proposed acquisition of Biomet Inc by Zimmer Holdings Inc., both of the United States. Both companies produce orthopaedic implants and related surgical products. The approval is conditional upon a commitments package submitted by Zimmer. The Commission had concerns that the merger, as initially notified, could have resulted in price increases for a number of orthopaedic implants in the European Economic Area (EEA). The commitments offered by Zimmer remove these concerns. |
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| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-15-4727_en.htm |
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| Subject Categories | Internal Markets |
| Countries / Regions | Europe |