Merger Notification - Announcement according to § 10 Cartel Act
Konica Minolta, lnc.; Pioneer Corporation
BWB/Z-3422
On the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
The notified concentration concerns the establishment of a jointly controlled undertaking in which Konica Minolta, lnc. (Japan) and Pioneer Corporation (Japan) will combine their respective OLED lighting panel businesses. Konica Minolta, lnc. and Pioneer Corporation will each acquire 50% of the shares in the newly established company. The intended concentration concerns the business planning, product development and sales of OLED lighting panels (industrial production).
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 03.05.2017.
Entrepreneurs whose legal or economic interests are affected by the merger can bring in a written statement at the Federal Competition Authority or the Federal Cartel Prosecutor within 14 days from publication date.
Note: The intervening party has no right to a certain treatment of the statement and will not gain a party position.
Non-prohibition of the merger
The Federal Competition Authority and the Federal Cartel Prosecutor have not applied for examination of the merger by the Cartel Court. The standstill obligation (§ 17 (1) Cartel Act) ends with effect from 03.05.2017 .