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European Commission clears three joint ventures at Phase I; approves Spanish TCTF State aid; upcoming EU competition dates (14 May 2024)

Published on: 14 May 2024

Published by a LexisNexis Competition expert

Legal News

Article summary

Mergers

The Commission has given clearance for:

the set-up of a joint venture by E.ON SE and OHB SE (M.11491) following a phase I investigation—see also, Midday Express
the establishment of a joint venture between Baywa Global Produce GmbH and Nufri Agricultural Transformation Society (M.11492) after a phase I investigation—see also, Midday Express
the formation of a joint venture, Net Zero North Sea Storage Limited, by BP CCUS UK NEP Limited and Equinor Low Carbon UK Limited (M.11213) subsequent to a phase I investigation—see also, Midday Express

NOTE—For all ongoing merger investigations before the Commission, see also, EU mergers—ongoing cases tracker

Russia’s war against Ukraine

The Commission approved, under the Temporary Crisis and Transition Framework, a Spanish measure (valued at €120m) to back investments in strategic sectors in the region of Asturia, advancing the shift to a net‑zero economy in the context of Russia’s war against Ukraine—see also, Midday Express

NOTE—For all Commission decisions adopted under the Temporary Crisis Framework, and the Temporary Crisis and Transition Framework, in the context of Russia’s war against Ukraine, see also, Conflict in Ukraine—EU State aid decisions

Upcoming dates

For dates of forthcoming EU competition developments, please see also, the EU Competition calendar...

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