Chwilio Deddfwriaeth

Commission Decision of 13 July 2005 declaring a concentration compatible with the common market and the EEA Agreement (Case No COMP/M.3653 — Siemens/VA Tech) (notified under document number C(2005) 2676) (Only the German text is authentic) (Text with EEA relevance) (2006//EC) (revoked)

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  1. Introductory TextNext Match

  2. I. EXECUTIVE SUMMARY Previous MatchNext Match

    1. (1) This case concerns the takeover by Siemens of the Austrian...Previous MatchNext Match

      1. This case concerns the takeover by Siemens of the Austrian...

    2. (2) Siemens is a diversified engineering group active in the following...Previous MatchNext Match

      1. Siemens is a diversified engineering group active in the following...

    3. (3) VA Tech, headquartered in Linz, is Austria's largest industrial group...Previous MatchNext Match

      1. VA Tech, headquartered in Linz, is Austria's largest industrial group...

    4. (4) On 10 December 2004, Siemens launched a public bid for VA...Previous MatchNext Match

      1. On 10 December 2004, Siemens launched a public bid for VA...

    5. (5) The proposed acquisition, whereby Siemens acquires sole control over VA...Previous MatchNext Match

      1. The proposed acquisition, whereby Siemens acquires sole control over VA...

    6. (6) The undertakings concerned have a combined aggregate worldwide turnover of...Previous MatchNext Match

      1. The undertakings concerned have a combined aggregate worldwide turnover of...

    7. (7) The Commission's market investigation confirmed that the proposal leads to...Previous MatchNext Match

      1. The Commission's market investigation confirmed that the proposal leads to...

    8. (8) The Commission came to the conclusion in its Decision that,...Previous MatchNext Match

      1. The Commission came to the conclusion in its Decision that,...

  3. II. DETAILED SUMMARY Previous MatchNext Match

    1. A. POWER GENERATION Previous MatchNext Match

      1. A1. EQUIPMENT FOR HYDROELECTRIC POWER PLANTS Previous MatchNext Match

        1. Relevant markets Previous MatchNext Match

          1. (9) Equipment for hydroelectric power plants comprises a large number of...Previous MatchNext Match

            1. Equipment for hydroelectric power plants comprises a large number of...

          2. (10) As to the relevant geographic market, the Decision explains that...Previous MatchNext Match

            1. As to the relevant geographic market, the Decision explains that...

          3. (11) […] The Decision concludes that conditions of supply and demand...Previous MatchNext Match

            1. […] The Decision concludes that conditions of supply and demand...

        2. Competition assessment Previous MatchNext Match

          1. (12) For the period from 2000 to 2004 Siemens estimates its...Previous MatchNext Match

          2. (13) Although Siemens argues that this is a bidding market and...Previous MatchNext Match

            1. Although Siemens argues that this is a bidding market and...

          3. (14) From the replies to the market investigation […], a group...Previous MatchNext Match

            1. From the replies to the market investigation […], a group...

          4. (15) Bidding lists submitted by Siemens, […] indicate, furthermore, that Siemens...Previous MatchNext Match

            1. Bidding lists submitted by Siemens, […] indicate, furthermore, that Siemens...

          5. (16) A large number of customers and competitors complained in their...Previous MatchNext Match

            1. A large number of customers and competitors complained in their...

          6. (17) Siemens appears to agree with the Commission’s finding that Siemens...Previous MatchNext Match

            1. Siemens appears to agree with the Commission’s finding that Siemens...

          7. (18) According to Siemens, Chinese and small European suppliers would readily...Previous MatchNext Match

            1. According to Siemens, Chinese and small European suppliers would readily...

          8. (19) The Decision concludes that Siemens’s arguments are speculative and amount...Previous MatchNext Match

            1. The Decision concludes that Siemens’s arguments are speculative and amount...

      2. A2. FOSSIL POWER PLANT EQUIPMENT Previous MatchNext Match

        1. (20) In fossil power plant equipment, VA Tech supplies combined-cycle power...Previous MatchNext Match

          1. In fossil power plant equipment, VA Tech supplies combined-cycle power...

    2. B. TRANSMISSION AND DISTRIBUTION (T&D) EQUIPMENT Previous MatchNext Match

      1. (21) Like power generation equipment, the T&D market comprises a wide...Previous MatchNext Match

        1. HIGH-VOLTAGE PRODUCTS (FOR TRANSMISSION NETWORKS OPERATING AT VOLTAGES BETWEEN 52...

      2. (22) On product markets, the market investigation provided some indications that,...Previous MatchNext Match

        1. On product markets, the market investigation provided some indications that,...

      3. (23) On geographic market definition, the Decision concludes that the T&D...Previous MatchNext Match

        1. On geographic market definition, the Decision concludes that the T&D...

      4. (24) The following market share estimates provided by Siemens in the...Previous MatchNext Match

      5. (25) Siemens, VA Tech, Areva and ABB supply a wide range...Previous MatchNext Match

        1. Siemens, VA Tech, Areva and ABB supply a wide range...

      6. (26) The transaction leads to high market shares in excess of...Previous MatchNext Match

        1. The transaction leads to high market shares in excess of...

      7. (27) In the remaining (tentative) T&D markets, Siemens/VA Tech’s combined market...Previous MatchNext Match

        1. In the remaining (tentative) T&D markets, Siemens/VA Tech’s combined market...

      8. (28) Replies by customers and competitors to the Commission's market investigation...Previous MatchNext Match

        1. Replies by customers and competitors to the Commission's market investigation...

      9. (29) In the HV-turnkey market, the main competitive overlap between Siemens...Previous MatchNext Match

        1. In the HV-turnkey market, the main competitive overlap between Siemens...

      10. (30) In GIS, the same competitors as in HV turnkey are...Previous MatchNext Match

        1. In GIS, the same competitors as in HV turnkey are...

      11. (31) Although the safety-critical nature of HV products limits the number...Previous MatchNext Match

        1. Although the safety-critical nature of HV products limits the number...

      12. (32) The market investigation examined bidding lists for HV-turnkey projects, GIS...Previous MatchNext Match

        1. The market investigation examined bidding lists for HV-turnkey projects, GIS...

      13. (33) Ganz-Transelektro of Hungary has submitted several bids in the EEA...Previous MatchNext Match

        1. Ganz-Transelektro of Hungary has submitted several bids in the EEA...

      14. (34) The Commission also compared bids from […] tenders, where all...Previous MatchNext Match

        1. The Commission also compared bids from […] tenders, where all...

      15. (35) As outlined in the Decision, the GIS market could potentially...Previous MatchNext Match

        1. As outlined in the Decision, the GIS market could potentially...

      16. (36) The Decision also examines the possibility that the notified transaction...Previous MatchNext Match

        1. The Decision also examines the possibility that the notified transaction...

      17. (37) The Decision concludes that no significant impediment to effective competition...Previous MatchNext Match

        1. The Decision concludes that no significant impediment to effective competition...

    3. C. RAIL TECHNOLOGY Previous MatchNext Match

      1. C1. RAIL ROLLING STOCK Previous MatchNext Match

        1. (38) The takeover of VA Tech leads to the disappearance of...Previous MatchNext Match

          1. The takeover of VA Tech leads to the disappearance of...

        2. (39) Following past cases the present Decision analyses the impact of...Previous MatchNext Match

          1. Following past cases the present Decision analyses the impact of...

        3. (40) The market investigation showed that in the markets affected by...Previous MatchNext Match

          1. The market investigation showed that in the markets affected by...

        4. (41) The non-integrated companies will not be foreclosed for the following...Previous MatchNext Match

          1. The non-integrated companies will not be foreclosed for the following...

      2. C2. CATENARY WIRES Previous MatchNext Match

        1. (42) The Decision concludes that the question whether there is an...Previous MatchNext Match

          1. The Decision concludes that the question whether there is an...

      3. C3. TRACTION POWER SUPPLY Previous MatchNext Match

        1. (43) Traction power supply concerns the supply of electricity into the...Previous MatchNext Match

          1. Traction power supply concerns the supply of electricity into the...

        2. (44) In Germany, Siemens and VA Tech would have a similarly...Previous MatchNext Match

          1. In Germany, Siemens and VA Tech would have a similarly...

      4. C4. LEVEL CROSSINGS Previous MatchNext Match

        1. (45) Both Siemens and VA Tech are suppliers of level crossings....Previous MatchNext Match

          1. Both Siemens and VA Tech are suppliers of level crossings....

    4. D. FREQUENCY INVERTERS Previous MatchNext Match

      1. (46) Both Siemens and VA Tech are suppliers of frequency inverters....Previous MatchNext Match

        1. Both Siemens and VA Tech are suppliers of frequency inverters....

      2. (47) The combined market share of Siemens and VA Tech in...Previous MatchNext Match

        1. The combined market share of Siemens and VA Tech in...

    5. E. METALLURGICAL AND OTHER INDUSTRIAL PLANT BUILDING Previous MatchNext Match

      1. 1. RELEVANT PRODUCT MARKETS Previous MatchNext Match

        1. a. Fundamental distinctions Previous MatchNext Match

          1. (48) In the area of industrial plant building a distinction can...Previous MatchNext Match

            1. In the area of industrial plant building a distinction can...

          2. (49) Mechanical industrial plant building involves planning the use of machines...Previous MatchNext Match

            1. Mechanical industrial plant building involves planning the use of machines...

          3. (50) Electrical plant building primarily covers general plant electrification, the configuration...Previous MatchNext Match

            1. Electrical plant building primarily covers general plant electrification, the configuration...

          4. (51) Plant maintenance and services include ongoing maintenance work and service...Previous MatchNext Match

            1. Plant maintenance and services include ongoing maintenance work and service...

        2. b. Mechanical metallurgical plant building Previous MatchNext Match

          1. (52) Siemens considers the mechanical part of industrial plants to be...Previous MatchNext Match

            1. Siemens considers the mechanical part of industrial plants to be...

          2. (53) The Commission concludes from the results of the market investigation...Previous MatchNext Match

            1. The Commission concludes from the results of the market investigation...

          3. (54) However, the precise definition of the product market can be...Previous MatchNext Match

            1. However, the precise definition of the product market can be...

        3. c. Electrical metallurgical plant building Previous MatchNext Match

          1. (55) Electrical metallurgical plant building covers so-called ‘level 0’ automation (electricity...Previous MatchNext Match

            1. Electrical metallurgical plant building covers so-called ‘level 0’ automation (electricity...

          2. No uniform market Previous MatchNext Match

            1. (56) Siemens does not consider electrical industrial plant building for the...Previous MatchNext Match

              1. Siemens does not consider electrical industrial plant building for the...

            2. (57) In the context of the market investigation carried out by...Previous MatchNext Match

              1. In the context of the market investigation carried out by...

            3. (58) Although level-0 products (electrical, drives) are metallurgy-specific to a relatively...Previous MatchNext Match

              1. Although level-0 products (electrical, drives) are metallurgy-specific to a relatively...

            4. (59) For the said reasons, the existence of a specific market...Previous MatchNext Match

              1. For the said reasons, the existence of a specific market...

          3. Possible separate submarkets for individual process areas or steps Previous MatchNext Match

            1. (60) Market participants also take the view that the market for...Previous MatchNext Match

              1. Market participants also take the view that the market for...

          4. Separate submarkets for level-1 and level-2 automation? Previous MatchNext Match

            1. (61) It can also be left open for the purposes of...Previous MatchNext Match

              1. It can also be left open for the purposes of...

          5. Separate markets for the iron and steel sector and the...Previous MatchNext Match

            1. (62) The question whether or not there should be a separation...Previous MatchNext Match

              1. The question whether or not there should be a separation...

          6. Possible market for IT solutions for plant logistics/MES/level 3 Previous MatchNext Match

            1. (63) The Commission's market investigation also revealed indications of a separate,...Previous MatchNext Match

              1. The Commission's market investigation also revealed indications of a separate,...

        4. d. Maintenance and services Previous MatchNext Match

          1. (64) Siemens takes the view that there is a specific market...Previous MatchNext Match

            1. Siemens takes the view that there is a specific market...

        5. e. Electrical industrial plant building in non-metal sectors Previous MatchNext Match

          1. (65) For the purposes of this Decision the question of the...Previous MatchNext Match

            1. For the purposes of this Decision the question of the...

        6. f. Conclusion concerning the definition of product market in the areas...Previous MatchNext Match

          1. (66) For the purposes of this Decision, therefore, the product markets...Previous MatchNext Match

            1. an overall market for mechanical metallurgical plant building (either limited...

          2. (67) For the purposes of this Decision, the product markets are...Previous MatchNext Match

            1. the overall market for electrical metallurgical plant building including all...

          3. (68) For the purposes of this Decision, at least one separate...Previous MatchNext Match

            1. For the purposes of this Decision, at least one separate...

          4. (69) The definition of product market in electrical industrial plant building...Previous MatchNext Match

            1. The definition of product market in electrical industrial plant building...

      2. 2. RELEVANT GEOGRAPHIC MARKETS Previous MatchNext Match

        1. a. Mechanical metallurgical plant building Previous MatchNext Match

          1. (70) Siemens takes the view that the market for mechanical metallurgical...Previous MatchNext Match

            1. Siemens takes the view that the market for mechanical metallurgical...

          2. (71) However, it is not necessary to determine the geographic market...Previous MatchNext Match

            1. However, it is not necessary to determine the geographic market...

        2. b. Electrical metallurgical plant building Previous MatchNext Match

          1. (72) Siemens also assumes the existence of a world market in...Previous MatchNext Match

            1. Siemens also assumes the existence of a world market in...

          2. (73) According to the findings of the market investigation, the relevant...Previous MatchNext Match

            1. According to the findings of the market investigation, the relevant...

          3. (74) This is true for all possible submarkets and markets for...Previous MatchNext Match

            1. This is true for all possible submarkets and markets for...

          4. (75) Siemens can agree with the Commission's definition of the geographic...Previous MatchNext Match

            1. Siemens can agree with the Commission's definition of the geographic...

          5. (76) However, the Commission continues to take the view that different...Previous MatchNext Match

            1. However, the Commission continues to take the view that different...

        3. c. Maintenance and services Previous MatchNext Match

          1. (77) In Siemens's view, this market should be defined as EEA-wide,...Previous MatchNext Match

            1. In Siemens's view, this market should be defined as EEA-wide,...

          2. (78) For the purpose of this Decision, a precise market definition...Previous MatchNext Match

            1. For the purpose of this Decision, a precise market definition...

        4. d. Electrical industrial plant building in other areas Previous MatchNext Match

          1. (79) VA Tech's internal organisation, according to which VAI is active...Previous MatchNext Match

            1. VA Tech's internal organisation, according to which VAI is active...

          2. (80) The question of the precise definition of the relevant geographic...Previous MatchNext Match

            1. The question of the precise definition of the relevant geographic...

      3. 3. COMPETITION ASSESSMENT Previous MatchNext Match

        1. a. Mechanical metallurgical plant building Previous MatchNext Match

          1. (81) The merger substantially weakens competition between Siemens/VAI and its main...Previous MatchNext Match

            1. The merger substantially weakens competition between Siemens/VAI and its main...

          2. (1) Market conditions Previous MatchNext Match

            1. (82) Only VA Tech is active in this area, not Siemens....Previous MatchNext Match

              1. Only VA Tech is active in this area, not Siemens....

            2. (83) By contrast, market participants argued for considerably higher market shares...Previous MatchNext Match

              1. By contrast, market participants argued for considerably higher market shares...

            3. (84) Statements by market participants also suggest that the market or...Previous MatchNext Match

              1. Statements by market participants also suggest that the market or...

            4. (85) SMS sees VAI as its main competitor in most of...Previous MatchNext Match

              1. SMS sees VAI as its main competitor in most of...

          3. (2) Overall market for mechanical metallurgical plant building in the area...Previous MatchNext Match

            1. (86) The Commission's market investigation shows that the merger will lead...Previous MatchNext Match

              1. The Commission's market investigation shows that the merger will lead...

            2. (87) VAI and SMS are the closest competitors in the relevant...Previous MatchNext Match

              1. VAI and SMS are the closest competitors in the relevant...

            3. (88) Danieli is usually regarded as the third strongest competitor, but...Previous MatchNext Match

              1. Danieli is usually regarded as the third strongest competitor, but...

            4. (89) There is no significant competitive pressure from other competitors. The...Previous MatchNext Match

              1. There is no significant competitive pressure from other competitors. The...

            5. (90) A large supplier of mechanical metallurgical plant building has a...Previous MatchNext Match

              1. A large supplier of mechanical metallurgical plant building has a...

            6. (91) The merger would substantially weaken the competitive pressure exerted by...Previous MatchNext Match

              1. The merger would substantially weaken the competitive pressure exerted by...

            7. (92) Siemens has exercised a put option to sell its share...Previous MatchNext Match

              1. Siemens has exercised a put option to sell its share...

            8. (93) […]. Previous MatchNext Match

              1. […].

            9. (94) […]. Previous MatchNext Match

              1. […].

            10. (95) […]. Given Siemens's continuing 28 % share in SMS, the merger...Previous MatchNext Match

              1. […]. Given Siemens's continuing 28 % share in SMS, the merger...

          4. (3) Submarkets of mechanical metallurgical plant building: Creation of a dominant...Previous MatchNext Match

            1. (96) The above conclusions apply even more forcefully to the possible...Previous MatchNext Match

              1. The above conclusions apply even more forcefully to the possible...

            2. (97) In the possible market in mechanical plant building for steelmaking,...Previous MatchNext Match

              1. In the possible market in mechanical plant building for steelmaking,...

            3. (98) In the possible market for mechanical plant building for continuous...Previous MatchNext Match

              1. In the possible market for mechanical plant building for continuous...

            4. (99) Under these circumstances […] would result in a dominant position...Previous MatchNext Match

              1. Under these circumstances […] would result in a dominant position...

        2. b. Electrical metallurgical plant building Previous MatchNext Match

          1. Market for electrical metallurgical plant building (level 0-2, iron/steel), possible...Previous MatchNext Match

            1. Market structure and market shares Previous MatchNext Match

              1. (100) The Commission's market investigation has shown that Siemens is seen...Previous MatchNext Match

                1. The Commission's market investigation has shown that Siemens is seen...

            2. Market shares Previous MatchNext Match

              1. (101) Market shares are rather difficult to quantify objectively in this...Previous MatchNext Match

                1. Market shares are rather difficult to quantify objectively in this...

              2. (102) In the view of the Commission (and of some of...Previous MatchNext Match

                1. In the view of the Commission (and of some of...

              3. (103) The Commission carried out an analysis of the strength of...Previous MatchNext Match

                1. The Commission carried out an analysis of the strength of...

              4. (104) The figures show that the merger will probably not lead...Previous MatchNext Match

                1. The figures show that the merger will probably not lead...

            3. Tender analysis Previous MatchNext Match

              1. (105) The relevant market/markets are bidding markets, where market shares are...Previous MatchNext Match

                1. The relevant market/markets are bidding markets, where market shares are...

              2. (106) The tender analysis of data from Siemens and VAI showed...Previous MatchNext Match

                1. The tender analysis of data from Siemens and VAI showed...

            4. Effect of Siemens's shareholding in SMS Previous MatchNext Match

              1. (107) The commitments that were required from Siemens regarding its shareholding...Previous MatchNext Match

                1. The commitments that were required from Siemens regarding its shareholding...

          2. Possible level 1 and 2 automation markets Previous MatchNext Match

            1. (108) The market investigation has confirmed that competitors’ level 1 and...Previous MatchNext Match

              1. The market investigation has confirmed that competitors’ level 1 and...

            2. (109) […]. However, in these possible markets also, a sufficient number...Previous MatchNext Match

              1. […]. However, in these possible markets also, a sufficient number...

          3. Electrical metallurgical plant building for aluminium hot rolling and aluminium...Previous MatchNext Match

            1. (110) The possible markets for aluminium rolling mill building are, in...Previous MatchNext Match

              1. The possible markets for aluminium rolling mill building are, in...

            2. (111) The overwhelming majority of customers regard the impact of the...Previous MatchNext Match

              1. The overwhelming majority of customers regard the impact of the...

            3. (112) Entry barriers in the aluminium field are appreciably lower for...Previous MatchNext Match

              1. Entry barriers in the aluminium field are appreciably lower for...

          4. IT solutions for plant logistics/MES/level 3 Previous MatchNext Match

            1. (113) In this relatively young and relatively strongly growing market, the...Previous MatchNext Match

              1. In this relatively young and relatively strongly growing market, the...

          5. Conclusion on a possible overall market for electrical metallurgical plant...Previous MatchNext Match

            1. (114) Since no competition problems arise in any of the possible...Previous MatchNext Match

              1. Since no competition problems arise in any of the possible...

        3. c. Metallurgical plant maintenance and servicing Previous MatchNext Match

          1. (115) The activities of Siemens and VA Tech overlap in this...Previous MatchNext Match

            1. The activities of Siemens and VA Tech overlap in this...

          2. (116) The merger would therefore not lead in this market to...Previous MatchNext Match

            1. The merger would therefore not lead in this market to...

        4. d. Electrical industrial plant building in other sectors Previous MatchNext Match

          1. (117) The planned merger is unobjectionable from a competition point of...Previous MatchNext Match

            1. The planned merger is unobjectionable from a competition point of...

        5. e. Conclusions on the electrical metallurgical plant building markets and on...Previous MatchNext Match

          1. (118) For the reasons given above, the notified transaction would not...Previous MatchNext Match

            1. For the reasons given above, the notified transaction would not...

    6. F. LV SWITCHGEAR AND COMPONENTS Previous MatchNext Match

      1. (119) The relevant product market for low-voltage switchgear (‘LV switchgear’) can...Previous MatchNext Match

        1. The relevant product market for low-voltage switchgear (‘LV switchgear’) can...

      2. (120) On that basis the markets for LV switchgear and some...Previous MatchNext Match

        1. On that basis the markets for LV switchgear and some...

    7. G. BUILDING TECHNOLOGY AND FACILITY MANAGEMENT Previous MatchNext Match

      1. 1. RELEVANT PRODUCT MARKETS Previous MatchNext Match

        1. G1. Building technology Previous MatchNext Match

          1. (121) Siemens and VA Tech are active in the field of...Previous MatchNext Match

            1. Siemens and VA Tech are active in the field of...

          2. (122) At the installation level, a distinction can be made between...Previous MatchNext Match

            1. At the installation level, a distinction can be made between...

        2. G2. Facility management Previous MatchNext Match

          1. (123) The market investigation shows that the market may be segmented...Previous MatchNext Match

            1. The market investigation shows that the market may be segmented...

      2. 2. RELEVANT GEOGRAPHIC MARKETS Previous MatchNext Match

        1. G1. Building technology Previous MatchNext Match

          1. (124) In Siemens's view, all the markets referred to above in...Previous MatchNext Match

            1. In Siemens's view, all the markets referred to above in...

        2. G2. Facility management Previous MatchNext Match

          1. (125) The same holds true for the market or markets in...Previous MatchNext Match

            1. The same holds true for the market or markets in...

      3. 3. COMPETITION ASSESSMENT Previous MatchNext Match

        1. G1. Building technology Previous MatchNext Match

          1. (126) At the component level, it is only in a vertical...Previous MatchNext Match

            1. At the component level, it is only in a vertical...

          2. (127) The market investigation provided insufficient indications that Siemens would as...Previous MatchNext Match

            1. The market investigation provided insufficient indications that Siemens would as...

          3. (128) According to the company itself, VA Tech is not at...Previous MatchNext Match

            1. According to the company itself, VA Tech is not at...

          4. (129) At the installation level, it is only in Austria that...Previous MatchNext Match

            1. At the installation level, it is only in Austria that...

        2. G2. Facility management Previous MatchNext Match

          1. (130) Most of Siemens's and VA Tech's customers indicated in the...Previous MatchNext Match

            1. Most of Siemens's and VA Tech's customers indicated in the...

    8. H. INFRASTRUCTURE INSTALLATIONS AND ELECTRICAL EQUIPMENT FOR ROPEWAYS Previous MatchNext Match

      1. H1. TRAFFIC INFRASTRUCTURE INSTALLATIONS Previous MatchNext Match

        1. (131) With respect to traffic infrastructure installations, only in Austria would...Previous MatchNext Match

          1. With respect to traffic infrastructure installations, only in Austria would...

      2. H2. WATER TREATMENT INSTALLATIONS Previous MatchNext Match

        1. (132) The same holds true for water treatment installations. Previous MatchNext Match

          1. The same holds true for water treatment installations.

      3. H3. ELECTRICAL EQUIPMENT FOR ROPEWAYS Previous MatchNext Match

        1. (133) The same holds true for electrical equipment for ropeways. Previous MatchNext Match

          1. The same holds true for electrical equipment for ropeways.

    9. I. OTHER IT SERVICES Previous MatchNext Match

      1. (134) The same holds true for electrical equipment for other IT...Previous MatchNext Match

        1. The same holds true for electrical equipment for other IT...

      2. CONCLUSIONS Previous MatchNext Match

        1. (135) The Decision therefore concludes that the notified concentration would lead...Previous MatchNext Match

          1. The Decision therefore concludes that the notified concentration would lead...

    10. J. COMMITMENTS Previous MatchNext Match

      1. (136) In order to address the aforementioned competition concerns in the...Previous MatchNext Match

        1. In order to address the aforementioned competition concerns in the...

      2. (137) In hydroelectric power equipment, the parties commit to divest VA...Previous MatchNext Match

        1. In hydroelectric power equipment, the parties commit to divest VA...

      3. (138) In mechanical metallurgical plant building, divestiture of Siemens's 28 % shareholding...Previous MatchNext Match

        1. In mechanical metallurgical plant building, divestiture of Siemens's 28 % shareholding...

      4. (139) In its Decision, the Commission has, therefore, reached the conclusion...Previous MatchNext Match

        1. In its Decision, the Commission has, therefore, reached the conclusion...

    11. K. CONCLUSION Previous MatchNext Match

      1. (140) The Decision concludes that, subject to full compliance with the...Previous MatchNext Match

        1. The Decision concludes that, subject to full compliance with the...

  4. III. ADVISORY COMMITTEE Previous MatchNext Match

    1. (141) At its 133rd meeting on 29 June 2005 the Advisory Committee...Previous MatchNext Match

      1. At its 133rd meeting on 29 June 2005 the Advisory Committee...

    2. (142) Pursuant to Article 19(7) of the Merger Regulation, the Commission is...Previous MatchNext Match

      1. Pursuant to Article 19(7) of the Merger Regulation, the Commission is...

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Mae deddfwriaeth ar gael mewn fersiynau gwahanol:

Y Diweddaraf sydd Ar Gael (diwygiedig):Y fersiwn ddiweddaraf sydd ar gael o’r ddeddfwriaeth yn cynnwys newidiadau a wnaed gan ddeddfwriaeth ddilynol ac wedi eu gweithredu gan ein tîm golygyddol. Gellir gweld y newidiadau nad ydym wedi eu gweithredu i’r testun eto yn yr ardal ‘Newidiadau i Ddeddfwriaeth’.

Gwreiddiol (Fel y’i mabwysiadwyd gan yr UE): Mae'r wreiddiol version of the legislation as it stood when it was first adopted in the EU. No changes have been applied to the text.

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Dewisiadau Agor

Dewisiadau gwahanol i agor deddfwriaeth er mwyn gweld rhagor o gynnwys ar y sgrin ar yr un pryd

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Rhagor o Adnoddau

Gallwch wneud defnydd o ddogfennau atodol hanfodol a gwybodaeth ar gyfer yr eitem ddeddfwriaeth o’r tab hwn. Yn ddibynnol ar yr eitem ddeddfwriaeth sydd i’w gweld, gallai hyn gynnwys:

  • y PDF print gwreiddiol y fel adopted version that was used for the EU Official Journal
  • rhestr o newidiadau a wnaed gan a/neu yn effeithio ar yr eitem hon o ddeddfwriaeth
  • pob fformat o’r holl ddogfennau cysylltiedig
  • slipiau cywiro
  • dolenni i ddeddfwriaeth gysylltiedig ac adnoddau gwybodaeth eraill
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Llinell Amser Newidiadau

Mae’r llinell amser yma yn dangos y fersiynau gwahanol a gymerwyd o EUR-Lex yn ogystal ag unrhyw fersiynau dilynol a grëwyd ar ôl y diwrnod ymadael o ganlyniad i newidiadau a wnaed gan ddeddfwriaeth y Deyrnas Unedig.

Cymerir dyddiadau fersiynau’r UE o ddyddiadau’r dogfennau ar EUR-Lex ac efallai na fyddant yn cyfateb â’r adeg pan ddaeth y newidiadau i rym ar gyfer y ddogfen.

Ar gyfer unrhyw fersiynau a grëwyd ar ôl y diwrnod ymadael o ganlyniad i newidiadau a wnaed gan ddeddfwriaeth y Deyrnas Unedig, bydd y dyddiad yn cyd-fynd â’r dyddiad cynharaf y daeth y newid (e.e. ychwanegiad, diddymiad neu gyfnewidiad) a weithredwyd i rym. Am ragor o wybodaeth gweler ein canllaw i ddeddfwriaeth ddiwygiedig ar Ddeall Deddfwriaeth.

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Rhagor o Adnoddau

Defnyddiwch y ddewislen hon i agor dogfennau hanfodol sy’n cyd-fynd â’r ddeddfwriaeth a gwybodaeth am yr eitem hon o ddeddfwriaeth. Gan ddibynnu ar yr eitem o ddeddfwriaeth sy’n cael ei gweld gall hyn gynnwys:

  • y PDF print gwreiddiol y fel adopted fersiwn a ddefnyddiwyd am y copi print
  • slipiau cywiro

liciwch ‘Gweld Mwy’ neu ddewis ‘Rhagor o Adnoddau’ am wybodaeth ychwanegol gan gynnwys

  • rhestr o newidiadau a wnaed gan a/neu yn effeithio ar yr eitem hon o ddeddfwriaeth
  • manylion rhoi grym a newid cyffredinol
  • pob fformat o’r holl ddogfennau cysylltiedig
  • dolenni i ddeddfwriaeth gysylltiedig ac adnoddau gwybodaeth eraill