commiss decis juli declar concentr compat common market eea agreement case comp promatech sulzer notifi document number english text authent text eea relev ec commiss european commun regard treati establish european commun regard agreement european econom area articl thereof regard council regul eec decemb control concentr undertak amend regul ec articl thereof regard commiss decis april initi proceed case regard opinion advisori committe concentr regard final report hear offic case introduct decemb commiss receiv request joint referr pursuant articl regul eec quot merger regul quot spain itali unit kingdom germani franc investig propos concentr undertak promatech spa promatech acquir mechan textil divis sulzer textil undertak sulzer februari request receiv portug austria commiss found abovement request meet requir laid articl merger regul author refer member state dispatch commiss document dispos consist parti submiss result preliminari investig inform complet parti oper care examin propos concentr commiss conclud oper rais doubt compat common market eea agreement commiss identifi competit concern market rapier weav machin altern segment market neg rapier weav machin western europ eea member state switzerland april commiss initi proceed case pursuant articl merger regul articl eea agreement ii parti oper promatech compani incorpor itali manufactur sell distribut weav machin spare part promatech control radici group activ chemic industri plastic engin packag weav industri synthet fibr textil industri sector miro radici group oper textil sector sulzer hold compani incorpor switzerland major activ field medic implant heavi engin pump build infrastructur materi sulzer group engag primarili wholli own subsidiari sulzer textil ag switzerland directli indirectli own subsidiari design manufactur market sale distribut weav machin sale servic weav machin iii concentr propos oper consist acquisit mechan textil divis sulzer promatech mean purchas share propos transact give promatech sole control number compani world includ sale compani wholli own sulzer propos transact consist purchas sale branch world control sulzer manag compani belong sulzer group propos oper constitut concentr mean articl merger regul concentr examin commun dimens threshold articl merger regul met promatech turnov eur million worldwid eur million eu wide figur year turnov sulzer activ subject acquisit eur million worldwid eur million eu wide figur year iv competit assess product market definit shuttl shuttl weav machin econom sector involv propos merger manufactur sale includ spare part servic weav machin weav machin main type textil machineri segment compris number broad categori machin spin machin knit machin weav machin subdivid technolog transport weft thread side machin insert warp thread weav machin gener divid shuttl machin ii shuttl machin shuttl machin technic obsolet small product capac low oper speed wide south east asia china manufactur low cost textil europ shuttl machin exclus product luxuri textil low speed affect significantli final price product event sale shuttl machin neglig europ nowadai tabl tabl shipment shuttl weav machin unit gt tabl gt sourc intern textil machineri shipment statist volum parti oper gener main competitor activ product shuttl weav machin parti submit shuttl weav machin form part market shuttl weav machin submiss confirm commiss market investig shuttl weav machin overview type shuttl weav machin depend method insert weav weft thread warp thread shuttl weav machin subdivid posit rapier weav machin ii neg rapier weav machin iii air jet weav machin iv projectil weav machin water jet weav machin vi multiphas weav machin type machin distinguish virtu differ technolog rang applic cost posit rapier loom versatil weav machin weft insert achiev metal grip call rapier pull weft thread centr loom activ transfer rapier head bring side loom rapier head mount rod intend specialis textil product high qualiti product level lower neg rapier loom energi consumpt compar higher make expens machin bui run produc spectrum materi rang finest pure silk woollen worst fabric destin fashion industri upholsteri decor fabric heavi industri fabric made wire jute carbon fibr produc dornier lesser extent promatech panter neg rapier machin posit rapier term versatil produc high qualiti fabric sophist design weft insert achiev metal grip call rapier transport weft thread centr loom transfer passiv rapier bring side loom design develop rapier head involv sophist technolog involv patent rapier head mount tape machin moder expens averag energi consumpt averag speed produc primarili promatech sulzer picanol lesser extent panter tsudakoma manufactur limit number neg rapier loom exclus japanes market manufactur tradit japanes textil air jet machin characteris jet compress air insert weft warp air jet loom highli product versatil rapier loom suit lightweight fabric moder versatil produc signific varieti fabric heavi fabric denim significantli increas energi consumpt energi consumpt high compar rapier water jet low number move part replac cost spare part low requir consider infrastructur involv air compressor high pressur air pipe order oper infrastructur cost machin typic weaver cater predict unchang demand fabric produc promatech picanol dornier tsudakoma toyota projectil machin characteris projectil insert weft warp technolog develop consid matur projectil loom expens wide rang applic low energi consumpt suitabl product high medium qualiti textil projectil loom accommod larger width loom longer life span loom projectil loom similar technic characterist rapier loom significantli expens loom except multiphas loom due high price averag product level projectil loom product nich market machin type exclus produc sulzer water jet loom characteris jet water insert weft warp inexpens energi consumpt low product high hand limit field applic manufactur water repel fabric synthet due corros action water life span water jet loom shorter loom water jet loom asia parti produc water jet loom multiphas loom latest develop weav machin technolog sold select trial custom extrem high product run cost high low man level design limit number applic mass product low qualiti fabric sulzer compani produc type machin differ machin term technic characterist price summaris tabl tabl comparison technolog shuttl weav machin gt tabl gt sourc inform submit parti parti submiss regard product market delin notifi parti submit singl relev product market includ type shuttleless weav machin distinct type air jet water jet neg rapier posit rapier multiphas projectil argu form weav machin high degre substitut user signific extent switch type type demand side parti argu type machin substitut term speed flexibl possibl chang type product qualiti final product applic sale servic suppli side parti submit produc type machin switch product type incur signific cost risk demand side substitut gener characterist demand commiss investig reveal major sale weav machineri western europ custom replac extend exist weav machineri commiss investig textil produc replac weav machin averag ten year period vari technolog advanc stimul demand weaver decid upgrad machineri order increas product instal reduc cost ii technic barrier switch machin type type weav machin significantli substitut demand side perspect machin vari consider term technic feasibl versatil term suitabl applic feasibl textil woven machin woven rang machin end spectrum silk suitabl product rapier machin end synthet fibr woven machin end spectrum intermedi fabric made type machin versatil fabric shirt woven rapier air jet machin shirt weaver machin reason altern gener machin type suit fabric technic perspect suit econom weaver product profil depend natur busi size sophist custom base consist predict product depend produc larg quantiti fabric smaller quantiti fabric type air jet machin suitabl quot short run quot set thread requir consider invest time labour weaver produc small quantiti pattern fabric find air jet machin suitabl altern rapier machin differenti level versatil rang yarn fabric style number colour woven machin spectrum versatil run posit rapier versatil machin water jet limit term rang fabric style produc delic fabric involv complex unbalanc weav suitabl product rapier machin air jet loom suit quot long run quot product fabric extend period time cost involv set machin stop rapier suit weaver order book quot short run quot product limit quantiti style fabric parti absenc factor custom tend purchas kind machin instal word parti practic switch machin type result commiss investig confirm limit substitut type weav machin vast major sale machin type made custom replac machin type parti estim neg rapier european custom continu bui neg rapier machin remain bui posit rapier air jet projectil relat posit rapier investig reveal rate switch lower virtual weav machin produc state investig custom invari prefer type machin outset small minor persuad chang type machin negoti iii econom barrier switch weav machin type result commiss investig signific econom barrier switch type machin price differ significantli product type posit rapier weav machin typic price eur eur neg rapier eur eur air jet eur eur water jet remain cheapest option suitabl synthet applic price rang eur eur result differenti approxim neg rapier air jet water jet versatil machin posit rapier versatil price differenti expens version projectil machin water jet cheapest machin excess machin type highli differenti econom term differ lie initi price explain man level need run machin amount energi consum run cost term spare part consumpt servic need product term speed fabric product custom switch exist instal base type brand weav machin instal machin type entail high cost term personnel train spare part inventori iv constrain effect machin type abovement factor carri equal weight weaver weaver versatil prioriti product energi save case weaver produc fashion industri demand fabric design constantli chang predict versatil feasibl prioriti run cost hand weaver involv mass product low qualiti fabric versatil low prioriti run cost import select criterion circumst difficult price type machin signific constrain effect price machin type parti claim awar constrain effect price polici involv link price machin product rang number produc price increas machin type decid independ increas machin type wit chang demand machin type consequ price increas machin type demand side substitut rapier machin type mention price vari consider rapier machin type projectil weav machin expens averag rapier loom addit air jet loom specif infrastructur plant oper air jet loom compressor plant central compressor high pressur air pipe connect weav machin compressor promatech submit cost infrastructur gener machin purchas instal fewer weav machin gener uneconom western europ fact gener confirm commiss investig market small weav mill switch rapier machin air jet weav machin option parti client machin fewer commiss investig reveal limit substitut rapier machin type commiss found evid suggest custom rapier switch type machin price machin increas rel type custom reluct chang instal base ii rapier custom versatil technic reason switch technolog air jet projectil event increas price rapier iii signific number rapier custom lack critic minimum size switch air jet loom econom distinct posit neg rapier weav machin indic technolog gener substitut demand point view question left open purpos decis affect competit assess case suppli side substitut promatech submit suppli side switch product type weav machin moder financi invest commiss market investig confirm contrari weav machin manufactur contact commiss switch product technolog entail appreci invest consider risk commerci financi switch technolog requir substanti product process signific cost million euro basic technolog machineri dissimilar competitor point develop technolog manufactur present segment involv risk extens research develop need result viabl commerci technolog ii exist patent held competitor prevent manufactur produc technolog requir adopt costli altern solut iii late entri technolog requir overcom obstacl low reput level absenc instal base substanti capit invest depreci develop cost exist player final estim weav machin produc switch product technolog requir year factor confirm fact major manufactur shuttl weav machin tend concentr product technolog sulzer neg rapier projectil multiphas promatech neg posit rapier air jet tsudakoma neg rapier air jet water jet manufactur type weav machin picanol neg rapier air jet dornier posit rapier air jet panter posit neg rapier toyota air jet water jet produc type smaller produc produc type van de wiel produc neg rapier vut trustfin produc air jet importantli late entrant technolog extrem rare recit conclus basi forego conclud rapier weav machin form separ product market type shuttl weav machin distinct posit neg rapier purpos decis question constitut separ product market left open relev product market assess propos concentr market neg rapier weav machin altern market rapier machin includ posit neg geograph market definit preliminari remark parti oper submit market shuttl weav machin worldwid base exist low transport cost substanti trade flow eu countri similar term price technic characterist promatech claim transport cost repres signific part final price estim averag transport cost account price paid weav machin promatech submit weav machin manufactur produc machin countri origin export product worldwid barrier trade promatech point exist import export flow european union respect promatech japanes produc activ europ toyota tsudakoma forecast chines produc present europ enter european market come year final promatech submit condit competit homogen worldwid technic differ product manufactur world market investig conduct commiss confirm scope market weav machin broader nation exact geograph definit market investig reveal contrari parti submiss relev market purpos assess propos merger narrow worldwid market rapier weav machin exist trade flow trade flow sector rapier weav machin signific countri eea switzerland eea member state major countri spain unit kingdom franc portug austria netherland denmark greec sweden signific nation product rapier weav machin acquir suppli rapier countri area west european countri manufactur industri rapier weav machin itali belgium germani switzerland current pattern purchas show signific level nation product high percentag acquisit countri consid area approxim contrast signific trade flow western europ tradition import rapier weav machin market countri area west european market rapier weav machin suppli exclus west european manufactur current histor absenc import western europ lack altern sourc suppli term geograph locat supplier rapier weav machin west european custom explain section absenc effect altern sourc suppli locat geograph area worldwid signific weav machin manufactur industri west european produc locat japan china japanes chines weav machin produc constitut viabl altern sourc suppli rapier machin west european custom short medium term japanes produc focu exclus air jet water jet technolog suit characterist textil industri east low labour energi cost synthet fabric rapid expans main japanes manufactur toyota manufactur rapier machin tsudakoma produc small number neg rapier machin tsudakoma limit product neg rapier machin adapt demand japanes tradit textil industri sold exclus japan market investig suggest japanes weav machin manufactur intend start develop product rapier weav machin standard west european textil industri japanes produc incent continu expans grow east market switch develop altern weav technolog adapt west european market regard china import european manufactur industri worldwid market investig reveal chines manufactur focu lowgrad tradit rapier machin requir high man level unsuit area high labour cost western europ industri requir capit intens labour intens polici chines product neg rapier machin sold exclus larg local market compet sophist product european japanes manufactur import technolog differ chines neg rapier weav machin produc market europ european weav machin produc rapier machin manufactur china year european technolog term market investig confirm chines manufactur suffici advanc develop rapier weav technolog make signific sale east come year chines manufactur start export europ overcom technolog underdevelop build relev obtain patent develop cut edg weav machin technolog reput barrier establish brand reput establish market servic distribut network europ doubt chines produc econom incent enter european market rapier weav machin figur provid promatech base itmf intern textil manufactur feder statist sale neg rapier projectil machin increas year asia oceania sale western europ decreas period expect growth chines textil industri come year stagnat european market econom interest chines produc lie consolid local market sale expans western europ tabl evolut shipment rapier projectil weav machin unit gt tabl gt sourc inform submit parti access distribut network proxim reliabl sale servic avail spare part market investig reveal import manufactur wish enter west european market access distribut network sale repres ii sale servic includ provis spare part accessori european produc conduct major sale weav machin independ sale agent bound exclus regard weav machin distribut agreement manufactur promatech point independ agent quot multi product quot agent distribut type textil machineri weav machin spin knit machin produc weav machin frequent chang sale agent promatech entrant easili distribut weav machin exist network independ agent produc submit manufactur agent tend maintain commerci relationship time instal base manufactur machin kei element busi prospect sale agent sale agent termin contract establish produc favour entrant market possibl entrant contact quot multi product quot agent link weav machin produc note sale weav machin west european market consist weaver replac extend instal machin agent disadvantag posit compar distributor activ market entrant west european market access network servic centr order provid custom time effect technic support servic activ includ provis spare part possibl accessori weav machin sold promatech point europ spare part deliv machin oppos geograph area common practic includ suppli loom number spare part gener year run machin sale agent commiss larg deriv sale spare part volum spare part request custom depend directli size instal base machin produc agent territori competitor parti stronger instal base manufactur higher commiss sale agent repres manufactur difficult entrant persuad sale agent termin commerci relationship produc start distribut product entrant market market particip contact commiss requir averag year manufactur weav machin establish world enter european market major weav machin produc confirm import sale agent servic centr sell west european area view custom commiss market investig confirm custom western europ import rapier weav machin area viabl altern sourc suppli reason quot custom high degre depend technic perform machin product reliabl machin proxim trustworthi sale servic avail spare part accessori utmost import market investig confirm reput manufactur determin region import factor custom account decid purchas neg rapier weav machin characterist demand exist differ western europ geograph area renew custom instal machin base promatech european north american client chang weav machin year custom base africa asia south america replac machin year averag differ due fact european custom replac machin driven technolog evolut modernis develop weav machin object produc product higher econom weav machin replac western europ north america sold hand machin africa asia south america gener parti put forward market investig confirm weav machin replac europ north america motiv custom improv perform higher speed effici reduc mainten cost spare part sale servic cost result european weaver replac machin end natur physic life cycl asian african south american custom hand base decis bui weav machin purchas price parti predict trend chang futur ow grow tendenc part produc technolog consider account purchas polici final signific number sale western europ link custom extend exist instal replac technolog greenfield project set plant refit exist plant greenfield project numer develop market east presenc entrant area mean lesser emphasi market compar western europ brand loyalti import custom instal machin base subsequ purchas decis conclus light forego conclud market rapier weav machin altern market neg rapier machin western europ area compris territori eea member state switzerland geograph market definit territori refer member state spain itali unit kingdom germani franc portug austria form integr part singl relev market purpos applic articl merger regul compat common market accord articl merger regul concentr creat strengthen domin posit result effect competit significantli imped common market substanti part declar incompat common market court justic defin concept domin posit econom strength enjoi undertak enabl prevent effect competit maintain relev market afford power behav appreci extent independ competitor custom ultim consum posit preclud exist competit enabl undertak profit determin appreci influenc condit competit develop case act larg disregard long conduct oper detriment exist domin posit deriv factor separ necessarili determin factor highli import exist larg market share addit relationship market share undertak involv concentr competitor largest relev evid exist domin posit factor account order assess concentr creat strengthen domin posit west european market rapier weav machin altern west european market neg rapier weav machin result effect competit significantli imped common market substanti part set recit horizont effect rapier machin market share tabl share parti main competitor rapier machin tabl market share rapier weav machin volum gt tabl gt sourc inform submit parti competitor chang market structur basi market rapier machin western europ parti combin share promatech sulzer largest competitor market dornier picanol van de wiel panter amp lt addit propos concentr significantli increas gap market share largest competitor merg entiti closest competitor dornier prior concentr gap largest competitor promatech largest sulzer order dornier largest player market share approxim half time smaller market leader promatech implement concentr gap largest competitor widen factor approxim gap largest entiti largest competitor picanol widen factor approxim concern aggrav evid suggest main competitor picanol dornier van de wiel panter shown trend increas market share year share competitor fact remain fairli static period merg parti closest competitor addit substanti chang market structur commiss investig support find prior propos concentr promatech sulzer closest competitor western europ investig shown custom parti altern sourc suppli result propos concentr competit lost advantag merg entiti hold remain competitor increas significantli high barrier entri addit result commiss investig demonstr entri west european rapier market occur suffici signific extent suffici time manner deter exercis entiti market power market fact market entri market highli improb barrier enter rapier market high commiss market investig confirm substanti research develop cost involv enter market consider risk research develop effort necessarili result viabl technolog exist patent held competitor air jet rapier technolog discourag player attempt invent method awar patent solut test market addit develop basic technolog develop consider oper technolog reput reliabl perform essenti order establish presenc market produc establish reput proven past experi industri thirdli link reput concept instal base commiss market investig reveal weaver prefer consist make machin mill weaver practic cost effect instal brand machin fourthli commiss investig underlin establish sale servic capabl order competit investig signific proport buyer rapier machin express view produc establish reliabl sale servic order consid viabl competitor market fifthli commiss enquiri confirm produc conduct major sale europ independ sale agent typic contract agent agent sell competitor weav machin agent gener sell rang product weav machin knit machin spin machin gener termin agenc agreement manufactur agent tend interest parti maintain relationship order maximis level understand technolog product custom larg proport sale agent commiss deriv sale spare part incent establish agent establish relationship manufactur abandon manufactur favour entrant absenc form compens loss revenu increas risk involv constrain effect deriv potenti competit produc establish presenc western europ consid real credibl threat suffici counteract market power combin entiti short term possibl entri possibl chines produc produc presenc europ order establish presenc western europ improv technolog estim consider advanc european produc technolog match european produc overcom obstacl term reput base proven past experi gain access sale infrastructur establish servic network home market grow european market static expect grow forese futur produc provid suffici competit pressur threat compens loss competit deriv disappear largest competitor western europ sourc entri rapier market western europ japanes produc present air jet water jet market europ signific entri suffici exert competit pressur combin entiti japanes produc consid incent commit resourc static european market market closer boom toyota produc rapier machin tsudakoma produc small quantiti neg rapier machin design adapt exclus home market switch difficulti commiss market investig show custom reluct switch brand recit involv signific cost term spare part train personnel reluct pronounc case unknown entrant obstacl entrant overcom order establish presenc western europ merg entiti attempt rais price higher list price lower discount custom find difficult defeat price rise sourc produc custom face signific technic econom difficulti want switch supplier confirm fact vast major custom chang supplier involv signific cost term train spare part inventori context highli custom switch supplier merg entiti attempt rais price reduc discount entri actual entrant market rare exist larg competitor parti activ market technolog year ago entrant eu panter set competitor itali earli spite previou experi founder weav machin busi panter share western europ remain neglig limit countervail bui power custom base promatech sulzer highli dispers custom list number promatech custom bui fewer machin year bui machin sulzer custom bui fewer unit year bui unit bui unit year commiss consid suffici countervail buyer power market counterbal combin entiti neg rapier machin tabl share parti main competitor neg rapier machin tabl market share neg rapier weav machin volum gt tabl gt sourc inform submit parti competitor basi market share neg rapier strong indic oper give rise competit concern relat neg rapier market western europ promatech market share ad sulzer share yield market share merg entiti closest competitor consider smaller share west european neg rapier market picanol panter van de wiel addit high market share propos concentr significantli widen gap market share largest competitor merg entiti closest competitor picanol prior concentr gap largest competitor promatech largest sulzer order picanol largest player market share approxim time smaller market leader promatech implement concentr gap largest competitor widen factor approxim addit analysi outlin relat barrier entri potenti competit switch difficulti entri buyer power appli equal market neg rapier machin conclus basi analysi conclud propos concentr bring creation strengthen domin posit west european market product rapier weav machin altern west european market product neg rapier machin result effect competit common market function eea agreement significantli imped vertic effect itema group control promatech activ vertic relat market product accessori weav machin itema group produc shed motion ii warp stop motion iii heald frame iv beam itema group share west european market type accessori except warp stop motion warp stop motion accessori receiv signal drop wire denot warp end broken send weav machin stop quickli order prevent fabric fault warp stop motion mechan electron weav machin equip warp stop motion itema share west european merchant market warp stop motion approxim main supplier area swiss undertak grob account remain produc warp stop motion worldwid toyota tsudakoma japan ctmtc china grob integr downstream product neg rapier weav machin conclud propos oper creat domin posit market warp stop motion lead risk vertic foreclosur regard suppli warp stop motion undertak undertak offer promatech order solv competit concern identifi commiss promatech offer enter commit offer divest sulzer busi unit neg rapier weav machin locat zuchwil switzerland divestitur entail sale project client portfolio technolog machineri relat busi ii divest sulzer product plant schio itali dedic exclus product neg rapier machin concern mean sale subsidiari own schio plant divestitur entail sale project client portfolio technolog machineri relat product trade neg rapier weav machin product plant prior sale promatech remov plant item manufactur air jet weav machin product ga turbin nozzl remov equip event affect product process neg rapier machin promatech divest rapier busi zuchwil rapier plant schio independ purchas approv commiss pursuant point iv annex point iv annex ii commiss decid waiv oblig sell divest busi acquir take account ident propos purchas market structur result divestitur give rise competit concern text undertak submit promatech append decis annex ii assess undertak virtu propos undertak overlap promatech sulzer segment rapier weav machin fortiori market neg rapier machin complet elimin concentr bring increas promatech market share market neg rapier weav machin gener point view signific horizont vertic overlap market weav machin parti oper activ propos divestitur strengthen market posit promatech current competitor market neg rapier weav machin entri market entrant current situat avail spare capac busi divest fact signific part product sold western europ acquir busi dispos capac aggress compet western europ promatech decid increas price concentr territori refer member state form integr part relev market case merger creat strengthen domin posit market effect significantli imped competit territori countri condit competit suffici homogen relev area propos undertak elimin competit concern rais oper relev market token solv competit concern territori form part thereof sum remedi propos constitut measur maintain restor effect competit territori refer member state purpos applic articl merger regul consider born market test propos remedi undertaken commiss vi conclus conclud notifi concentr modifi undertak enter promatech creat strengthen domin posit market assess adopt decis articl oper promatech acquir sole control sulzer textil mean articl regul eec modifi accord annex decis declar compat common market eea agreement articl articl subject full complianc condit set point ii annex point ii annex ii condit order maintain restor effect competit territori refer member state accord articl regul eec articl articl subject full complianc oblig set remain point annex ii articl decis address promatech spa case spars colzat bg brussel juli commiss mario monti member commiss oj correct version oj oj oj oj part text decis edit ensur confidenti inform disclos part enclos squar bracket mark asterisk regard report intern textil manufactur feder itmf intern textil machineri shipment statist volum projectil loom sold worldwid western europ eea switzerland account loom sold worldwid loom sold western europ russian produc manufactur small number projectil loom sold western europ statist suppli intern textil manufactur feder itmf water jet loom sold asia machin sold western europ year total multiphas loom sold western europ usa data purchas neg rapier weav machin luxembourg ireland finland iceland norwai promatech concern relat technolog develop account earli replac weav machin western europ physic life machin depend geograph area custom base mainten condit europ north america custom maximis perform weav machin result great wear tear case gencor commiss ecr ii paragraph case hoffmann la roch commiss ecr paragraph case gencor commiss ecr ii paragraph case hoffmann la roch commiss ecr paragraph case gencor commiss ecr ii paragraph case endemol commiss ecr ii paragraph promatech identifi main accessori weav machin shed motion includ dobbi extern cam motion intern cam motion jacquard heddl drop wire warp stop motion heald frame weft stop motion tuck devic selvedg jacquard machin weft pre feeder leno devic beam nozzl nozzl air jet machin reed itema group produc warp stop motion subsidiari omv case gencor commiss ecr ii paragraph annex full origin text condit oblig refer articl consult commiss websit http europa eu int comm competit index en html annex ii full origin text condit oblig refer articl consult commiss websit http europa eu int comm competit index en html