Press Release: Mergers: European Commission approves joint-venture between EADS and ATLAS for maritime safety and security systems

The European Commission has cleared under the EU Merger Regulation the creation of a joint venture between EADS Defence & Security SAS of France and Atlas Elektronik GmbH of Germany in the sector of maritime safety and security systems ('MSS'). 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.