The CNMC approved 10 concentration operations in March, with nine in the first phase without commitments and one with commitments. One of the approved operations involved Luxaviation Participations and ACA acquiring joint control over Skyvalet, creating the fourth handling operator in Spain. The concentration was deemed not to significantly impact competition in the market. For competition law advisors, understanding the lack of horizontal overlaps and minimal vertical overlaps in the acquisition is crucial for assessing potential competition concerns. The approval of these operations indicates a continuous need for advisors to analyze market structures and potential impacts on competition when advising businesses on concentration operations. The CNMC approved 10 concentration operations in March, including Tensile-Metis Holdings and Portobello Capital acquiring Plenoil S.L., and ASV Funeser acquiring Funeraria La Rondeña. These acquisitions did not raise significant competition concerns as they did not lead to overlaps between the acquiring and acquired companies. For competition law advisors, it is essential to note that these operations did not significantly alter the competitive landscape in the relevant markets. The acquisitions allowed the companies to strengthen their presence in specific sectors without posing a threat to effective competition.

CNMC Approves 10 Concentration Operations in March

The CNMC approved 10 concentration operations in March, including acquisitions by Luxaviation Participations, ACA, Tensile-Metis Holdings, Portobello Capital, and ASV Funeser. The lack of horizontal and minimal vertical overlaps in these acquisitions led to no significant competition concerns. Advisors need to analyze market structures and competition impacts when guiding businesses on concentration operations to ensure compliance with competition laws and regulations.

CNMC Approves 10 Concentration Operations in March

The CNMC greenlit 10 concentration operations in March, with one involving Luxaviation Participations and ACA gaining joint control over Skyvalet, creating the fourth handling operator in Spain.