REG - Competition and Mkts - ÉLECTRICITÉ DE FRANCE SA/General Electric Company

General Electric CoAnnouncement

27/03/2023 08:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230327:nRSa1658Ua&default-theme=true

RNS Number : 1658U  Competition and Markets Authority  27 March 2023

Anticipated acquisition by Électricité de France SA of the nuclear steam
power business owned by the General Electric Company

Invitation to comment: closes on 14 April 2023

The Competition and Markets Authority (CMA) is considering whether it is or
may be the case that this transaction if carried into effect, will result in
the creation of a relevant merger situation under the merger provisions of the
Enterprise Act 2002 and, if so, whether the creation of that situation may be
expected to result, in a substantial lessening of competition within any
market or markets in the United Kingdom for goods or services.

The CMA wants to ensure that all interested parties have the opportunity to
make their views known and present relevant evidence to the CMA. The CMA is
therefore issuing this preliminary 'invitation to comment' which seeks the
initial views of interested parties on the impact the proposed merger could
have on competition in the UK. This invitation to comment is an initial stage
of the CMA's information-gathering process, in advance of the CMA's formal
investigation starting.

The CMA may proactively contact companies and organisations that are active in
the markets affected by the transaction, or which may have valuable insights
or evidence that could assist the CMA's investigation.

To assist it with this assessment, the CMA invites comments on the transaction
from any interested party.

These comments should be provided by the deadline set out above to:

Lavinia de Havilland

lavinia.dehavilland@cma.gov.uk

Wajahat Jilani

Wajahat.Jilani@cma.gov.uk

Your name and contact details are your personal data. In collecting,
receiving, storing, accessing and using your personal data, the CMA, as
controller, is processing your personal data. The CMA processes personal data
in accordance with data protection law. The CMA is processing your personal
data so that it can contact you again, should it need further help or
information from you, in order to carry out its merger work under Part 3 of
the Enterprise Act 2002. For more information about how the CMA processes
personal data and your rights relating to that data, please see our Privacy
Notice
(https://www.gov.uk/government/organisations/competition-and-markets-authority/about/personal-information-charter)
.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MERJIMLTMTJTMRJ