Merger Notification - Announcement according to § 10 Cartel Act
TEC The Enabling Company GmbH; BICO Zweirad Marketing GmbH
BWB/Z-5366
On 14.04.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
TEC The Enabling Company GmbH and BICO Zweirad Marketing GmbH AS plan to set up a full function joint venture for the development and operation of an e-commerce platform specifically for two-wheel mobility.
Industry sector: Other services activities
Industry sector: S - Erbringung von sonstigen Dienstleistungen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 12.05.2021.
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.
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 13.05.2021 .