the new head of the monopolies Commission, Achim Wambach, has the ministerial approval of Federal Minister Sigmar Gabriel (SPD) criticized the acquisition of Kaiser’s Tengelmann by Edeka and thus its retired predecessor Daniel Room strengthen the back. “Full employment is a goal of economic policy,” Wambach told the newspaper “Welt am Sonntag”. This is “not to be equated with the preservation of jobs in a company”.
“In the present case it is not about structural unemployment,” Wambach said. The Monopolies Commission therefore voted unanimously against granting ministerial approval. At the same time Wambach regretted the resignation of his predecessor rooms. This had used in his nearly eight-year term with great commitment to the strengthening of competition in Germany.
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Room had resigned last week. He cited the same day announced by Gabriel permit for the acquisition of Kaiser’s Tengelmann supermarkets by the retail giant Edeka. Gabriel ministerial approval was “an extremely problematic economic policy,” said Room. The Monopolies Commission had strictly opposed the takeover.
Edeka allowed for five years does not pass according to Gabriel’s decision, the approximately 450 stores of Kaiser’s Tengelmann to independent Edeka retailers and must exclude compulsory redundancies in this period. After the five year valid for a further two years dismissal protection for Kaiser’s employees, should be taken over their branch
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