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16.8.2019 |
EN |
Official Journal of the European Union |
C 276/17 |
Prior notification of a concentration
(Case M.9476 — Toyota Tsusho/Toyota Tsusho India/Maruti Suzuki India/JV)
Candidate case for simplified procedure
(Text with EEA relevance)
(2019/C 276/08)
1.
On 5 August 2019, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).This notification concerns the following undertakings:
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Toyota Tsusho India Private Limited (India) (‘Toyota India’) and its parent company the Toyota Tsusho Corporation (Japan) (‘Toyota’), |
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Maruti Suzuki India Limited (India) (‘Suzuki India’), a subsidiary of the Suzuki Motor Corporation (Japan) (‘Suzuki’), |
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a newly created joint venture (‘the JV’) (India). |
Toyota and Suzuki acquire within the meaning of Article 3(4) of the Merger Regulation joint control of the JV.
The concentration is accomplished by way of purchase of shares in a newly created company constituting a joint venture.
2.
The business activities of the undertakings concerned are:— for Toyota: among other activities in a variety of industry sectors, the development, production, procurement and sale of automotive and aircraft parts, as well as producing and distributing automobiles,
— for Suzuki: among other activities, the manufacturing, purchase and sale of motor vehicles, components and spare parts,
— for the JV: among other activities, the supply, dismantling and processing of end-of-life vehicles and the marketing and sale of scrap and other products from such activities in India.
3.
On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.
4.
The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:
M.9476 — Toyota Tsusho/Toyota Tsusho India/Maruti Suzuki India/JV
Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:
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Email: COMP-MERGER-REGISTRY@ec.europa.eu |
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Fax +32 22964301 |
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Postal address: |
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European Commission |
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Directorate-General for Competition |
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Merger Registry |
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1049 Bruxelles/Brussel |
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BELGIQUE/BELGIË |
(1) OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).