EU Approves Arla Foods’ Acquisition of DMK and DOC, Finds No Competition Issues
European Commission Review of Arla Foods’ Acquisition
Approval Details and Conditions
BRUSSELS, May 28 (Reuters) - The European Union on Thursday approved Arla Foods' acquisition of Germany's DMK and Dutch cooperative DOC without conditions, saying the deal would not harm competition in the European Economic Area.
Findings from the Investigation
Impact on Competition in Raw Milk Procurement
The European Commission said in a statement its investigation found the merger would not significantly reduce competition in raw milk procurement or in the supply of dairy products, including private-label goods sold to retailers across northern Europe.
Market Implications for Northern Europe
(Reporting by Charlotte Van Campenhout, Editing by Brussels bureau)
