Merger Notification - Announcement according to § 10 Cartel Act

BurdaVerlag GmbH; FUNKE Mediengruppe GmbH & Co. KGaA; BCN Brand Community Network GmbH - BWB/Z-6176 | Bundeswettbewerbsbehörde

BurdaVerlag GmbH; FUNKE Mediengruppe GmbH & Co. KGaA; BCN Brand Community Network GmbH

BWB/Z-6176

12.01.2023

On 12.01.2023 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Acquisition of ca 30 % of the shares in and joint control over BCN Brand Community Network GmbH by FUNKE Mediengruppe GmbH & Co. KGaA, all Germany. 

Economic Sector:  Media representation.

Industry sector: M - Erbringung von freiberuflichen, wissenschaftlichen und technischen Dienstleistungen

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 09.02.2023.

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 10.02.2023 .

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