Coming soon Edeka: supermarkets Tengelmann
As the Federal Cartel Office in late September submitted its report on the market power of the major supermarket chains, was from a sale of the Tengelmann stores at Edeka no speech. In retrospect, however, reads the “Sector Inquiry” as a veto threat against the proposed acquisition. Already keep the competition watchdog, the strong position of the Quartet of Edeka, Rewe, Aldi and Lidl for highly questionable, a further concentration they want to “counteract consistently”. Hard to imagine, then, that the merger simply passes.
Author: Helmut Bünder, born in 1957, economic correspondent in Bonn.
The fact that the Cartel Office will initiate an extensive in-depth examination, already is clear. With a market share of 0.6 percent Tengelmann is in German food retailing Although only a dwarf. But in merger control is about the individual regional markets, and in the focus, the picture changes. Finally, the Tengelmann stores focus on a few areas in North Rhine-Westphalia, Bavaria and Berlin
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As early as a result of the sale of Plus discount stores at Edeka six years ago Tengelmann had to swallow toads. Because the antitrust feared regional competition problems, it insisted on a portion of the sites for sale. Whether it this time too comes so?
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