European Commission 15 June 2018, Commission Decision of 15/06/2018 declaring a concentration to be compatible with the common market (Case No COMP/M.8660 - Fortum Oyj / Uniper SE) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

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The European Commission's decision regarding Case M.8660 – Fortum/Uniper addresses the proposed acquisition of Uniper SE by Fortum Oyj, which raises concerns about the concentration of control over electricity generation and wholesale supply in the Nordic and Baltic regions. The Commission determined that Fortum's acquisition of a 47.12% stake in Uniper would grant it sole control, allowing decisive influence over Uniper's operational decisions and strategic direction. Ultimately, the Commission found that the transaction would not raise serious doubts about compatibility with the internal market, even when considering the narrowest market definitions.AI