ADMINISTRATIVE AND JUDICIAL DECISIONS
Merger Control
Valora AG – Melisa AG On July 13, 1999, the FCC ruled that the merger of Valora AG and Melisa AG in the press sector would not lead to cumulative market shares and that the situation of newspapers retailers would remain unaffected by the merger.
Anti-Competitive Practices
Billposting On September 3, 1999, the FCC opened a preliminary investigation to determine whether the acquisition by the French Group JC Decaux of a 24,8% stake in Affichage Holding SA, the leader in the billposting market in Switzerland, amounted to an anti-competitive practice. It is the first time that the acquisition (in itself) of a minority shareholding in a company is considered as possibly infringing the rules prohibiting anti-competitive practices.
