Commission Decision of 03/03/2004 declaring a concentration to be compatible with the common market (Case No IV/M.3357 - MATSUSHITA ELECTRIC INDUSTRIAL / MATSUSHITA ELECTRIC WORKS) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) Official Journal 066 , 16/03/2004 P. 0005 - 0005 Brussels, 03/03/2004 SG-Greffe(2004) D/200843 To the notifying party Dear Madam(s) and/or Sir(s), Subject: Case No. COMP/M.3357 – MATSUSHITA ELECTRIC INDUSTRIAL / MATSUSHITA ELECTRIC WORKS Notification of 2.02.2004 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 [1], as last amended by Regulation (EC) No 1310/97 [2] Publication in the Official Journal of the European Union No.
C 037 of 11.02.2004, page 9. 1. On 2.02.2004, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 by which the undertaking Matsushita Electric Industrial Co., Ltd. (“MEI”, Japan) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking Matsushita Electric Works, Ltd. (“MEW”, Japan) by way of public bid announced on 19.12.2003. 2. The business activities of the undertakings concerned are: - for undertaking MEI : audiovisual and computer products, fixed and mobile communication products, home appliances and other electronic and electrical products. - for undertaking MEW : lighting, home appliances, other electronic and electrical products and building products.
3. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EEC) No. 4064/89 and of paragraph 4, subparagraph c of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 4064/89 [3]. 4. For the reasons set out in the Notice on a simplified procedure, the Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of Council Regulation (EEC) No.
4064/89. For the Commission [1] OJ L 395, 30.12.1989 p. 1; corrigendum: OJ L 257, 21.9.1990, p. 13. [2] OJ L 180, 9. 7. 1997, p. 1; corrigendum OJ L 40, 13.2.1998, p. 17. [3] OJ C 217, 29.07.2000, p. 32. --------------------------------------------------