Merger Notification - Announcement according to § 10 Cartel Act
Adevinta ASA; ebay Classifieds Group
BWB/Z-5142
On 07.12.2020 the following merger was notified at the Federal Competition Authority:
Planned purchase process
Adevinta ASA (Norway) will acquire, from eBay Inc. (USA), 100% of the shares in the following companies: (i) eBay Classifieds Holding B.V., (ii) eBay Mobile Labs, Inc., (iii) eBay Services México, S. de R.L. de C.V., and (iv) Mobile.de GmbH. eBay Inc. will, in turn, acquire a non-controlling minority shareholding of more than 25% in Adevinta ASA.
As a result of these two transactions, Schibsted ASA (Norway) (i.e., Adevinta ASA’s current controlling parent company) and eBay Inc. will each own a non-controlling minority shareholding of more than 25% in Adevinta ASA.
The notified transactions relate to online classified ads services and online advertising.
Industry sector: J - Information und Kommunikation
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 04.01.2021.
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.
On 18.12.2020, notified on 18.12.2020, the applicant requested the extension of the deadline for the submission of an application for examination by two weeks, pursuant to §11 (1a) Cartel Act. The deadline for the submission of an application for examinations by the administative authorities is extended by two weeks, thus ending on 18.01.2021.
Withdrawal of the Merger Application: The Applicant withdrew the Merger Application on 08.01.2021.