commiss decis june declar merger compat common market eea agreement case comp haniel cementbouw jv cvk notifi document number german 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 novemb initi proceed case regard opinion advisori committe concentr regard final report hear offic case januari franz haniel amp cie gmbh haniel cementbouw handel amp industri bv cementbouw notifi commiss articl council regul eec merger regul concentr acquir joint control mean articl merger regul coöperatiev verkoop en produktieverenig van kalkzandsteenproducenten cvk netherland member undertak agreement purchas equiti interest rag ag rag germani commiss examin notif found notifi propos fell scope merger regul rais doubt compat common market eea agreement decid initi proceed articl merger regul examin case commiss reach conclus notifi merger propos creat domin posit appreci restrict competit substanti part common market commit made parti remov reserv merger competit standpoint parti oper parti haniel diversifi german hold compani build materi sector activ manufactur sale wall build materi sand lime brick aerat concret readi mix concret haniel main centr activ germani merger activ netherland stake sand lime brickwork member cvk german undertak fel werk gmbh fel ytong hold ag ytong activ subsidiari build materi sector netherland haniel promis commiss condit sell ytong dutch busi cementbouw activ build materi trade construct market logist raw materi suppli readi mix concret build materi industri netherland cementbouw control cvc capit partner group cvc invest trust regist offic canari island cvk sell sand lime brick product netherland control product sand lime brick member plant membership consist sand lime brickwork netherland firm member percentag show respect stake cvk gt tabl gt share de hazelaar loevestein boudewijn hoogdonk rijsbergen belong haniel share harderwijk roelfsema bergumerm belong cementbouw haniel cementbouw anker vogelenzang van herwaarden background implement merger august cvk exist start joint sale organis member dutch sand lime brick manufactur chang cooper improv cooper manufactur origin independ sand lime brickwork due group merger question complet eleven cvk member de hazelaar loevestein boudewijn hoogdonk rijsbergen subsidiari haniel sand lime brickwork harderwijk roelfsema bergumerm subsidiari cementbouw time part dutch group nbm amstelland bv nbm amstelland work anker vogelenzang subsidiari rag haniel own cementbouw nbm amstelland rag van herwaarden dutch competit author nederlands mededingingsautoriteit nma notifi propos merger cvk acquir control member eleven sand lime brick manufactur netherland control transfer conclus pool agreement poolingovereenkomst notif initi cartel proceed cvk public prosecutor initi dutch competit rule forc end nma authoris notifi merger decis octob view pool agreement cvk articl statuten ensur origin busi organis ti member compani owner broken ensur cvk acquir control member control member compani owner haniel cementbouw nbm amstelland rag rule mean nma opinion notifi merger lead creation strengthen domin posit dutch market merger carri rag decid surrend share cvk member compani sell haniel cementbouw acquir share haniel cementbouw stake cvk member compani cvk quot head agreement quot conclud march parti inform nma intent nma told parti propos sale constitut merger dutch law carri pool agreement conclud cvk member compani conclud pool agreement august cvk articl alter date reflect provis pool agreement statutenwijzig dai agreement rag sold share haniel cementbouw sign implement august quot cooper agreement quot haniel cementbouw conclud set inter alia firm intend influenc cvk exampl individu provis cooper agreement ii merger articl merger regul concentr deem aris undertak acquir purchas secur asset contract mean direct indirect control part undertak present case virtu agreement conclud august pool agreement alter articl cooper agreement acquisit rag share anker vogelenzang van herwaarden haniel cementbouw agre implement dai haniel cementbouw acquir control cvk stroke acquir control eleven member compani joint control exist undertak person possibl exercis decis influenc undertak power block action determin strateg commerci behaviour undertak forc reach common understand determin commerci polici joint ventur case parent compani share equal vote right joint ventur bui rag share haniel cementbouw acquir joint control cvk respect indirect stake cvk enabl haniel cementbouw exercis veto right meet cvk member ledenvergad right creat withdraw rag presenc meet made variabl major rule control meet sharehold meet member decid sit cvk decis make bodi manag board raad van bestuur supervisori board raad van commissarissen articl pool agreement impos restrict meet choic member manag board minor member supervisori board time hold posit compani shareown cvk member choos sit decis make bodi compani basic strateg decis veto decis holder purpos merger regul control compani case cvk member decis make bodi disregard view veto decis acquisit control cvk member conclus pool agreement alter cvk articl part merger subject proceed pool agreement cvk member compani manag cvk appoint institut manag directeur member compani sharehold appoint manag power instruct compani member compani profit loss distribut sharehold accord indirect share cvk irrespect profit loss made individu compani individu member compani brought econom unit aegi cvk act full function enterpris sand lime brick manufactur market strateg decis cvk member compani central cvk manag board light shed haniel cementbouw acquisit control cvk cooper agreement conclud context pool agreement regul aspect cooper cvk paragraph addit strateg decis implement cvk corpor manag merger carri closur eleven sand lime brickwork discuss detail haniel cementbouw merger parti plainli form basi conclud pool agreement collect document prepar decis haniel group manag regard merger question show haniel ey rate pool agreement enabl parti jointli control cvk indirectli cvk haniel cementbouw acquir control member compani oper place narrow time frame close resembl legal act give haniel cementbouw control cvk give cvk control eleven sand lime brick compani perform dai august record notari uniform document parti intent link acquisit control place conclus agreement submit nma postpon conclus negoti transfer rag share rag meantim express withdraw cvk longer part cooper propos corpor structur econom acquisit control regard unit want event transact separ time quot logic quot depend regard singl merger haniel line comment statement object hear cementbouw propos departur rag acquisit joint control cvk haniel cementbouw cementbouw disput commiss respons relat acquisit cvk acquisit control member compani hand legal separ concentr conclud pool agreement transfer rag share haniel cementbouw agre dai form singl event legal busi sens practic difficulti full prevent pool agreement conclud immedi nma authoris octob cvk acquisit control member plant legalis nma legal enforc decis octob commiss investig present proceed cover event commiss share cementbouw view agreement conclud august constitut singl econom event result joint sale organis hitherto legal independ sand lime brickwork belong total parent compani chang full function undertak jointli control haniel cementbouw haniel confirm parti involv transact august haniel cementbouw rag agreement interdepend form econom unifi ask cementbouw give convinc explan transact authoris nma postpon month implement rag withdrew commiss assum rag prepar part implement pool agreement indirect sharehold cvk formal point view admittedli rag conclud pool agreement sale share haniel cementbouw complet fact notari offici record pool agreement alter articl immedi sale rag share meet drew singl document purpos clear rag involv implement cvk structur authoris nma superfici formalist perspect pure formal perspect decid question busi acquisit constitut concentr vet merger regul provis paragraph articl merger regul directli relev show econom perspect case assum agreement conclud august form singl concentr cvk acquir control member undertak time haniel cementbouw acquir control cvk merger authoris nma octob carri parti august nma authoris merger led cvk acquisit control member compani sharehold acquir control cvk nma decis share cvk member compani held sharehold haniel cementbouw rag result variabl major member meet control cvk treat acquisit eleven sand lime compani cvk independ acquisit control commun dimens oper nma decis concentr notifi commiss merger regul decis nma inform parti rag intend sell stake sand lime compani haniel cementbouw manner nma confirm inform letter parti regard sale rag share merger standpoint dutch competit law pool agreement conclud alter articl made share transfer basic view transfer control compani cvk sharehold lose direct control acquir indirect control cvk nma reason due restrict composit cvk organ contain alter articl appli criterion control merger regul relev form time correspond cooper agreement haniel cementbouw submit nma oppos approach haniel object legisl deliber merger regul formul concept control dutch merger act accord commiss practic person sit manag board undertak concern lead acquisit control note legisl intent concept control interpret correspond close commun law necessarili lead legal term ident interpret commiss influenc dutch author interpret concept accept interpret concept merger regul commiss follow nation author municip law interpret earlier decis present case nma decid fact member joint ventur manag bodi simultan occupi post parent compani crucial conclus joint ventur control parent compani applic articl merger regul commiss share view reason explain accord commiss practic fact member manag bodi person depend pattern case element establish control opposit conclus drawn person control exist relev criteria appli oper examin commiss proceed notifi nma authoris decis octob nation author decis render ineffect commiss decis present case author act accord respect power propos notifi nma parti time commun dimens test merger regul appli indirect parent compani cvk haniel cementbouw rag joint control cvk account variabl major involv merger result rag withdraw oper carri august virtu merger regul basi joint control cvk simultan member compani remain parent compani haniel cementbouw commun dimens examin concentr merger control law matter commiss parti cvk disput commiss jurisdict ground present case commiss set legal enforc decis nma attack duli acquir legal posit cvk member nma confirm cvk correspond conduct agreement august conclud rag withdraw cvk repres merger vet provid cvk compani structur authoris decis octob base put effect object sustain explain parti merger proceed brought nma implement propos notifi nma carri merger agreement august authoris nma form nma confirm inform correspond notif protect merger applic merger regul creat legitim expect parti cvk unsoundli attack present commiss decis question parti cvk met requir laid nma correspond mention explain paragraph cvk compani infrastructur authoris nma decis octob sale rag share haniel cementbouw invok superfici formalist perspect event inform written confirm nation author alter divis jurisdict merger regul nation author respons interpret merger regul confirm give undertak involv legitim expect duti notifi merger regul nma relev correspond mention duti notifi dutch law enforc nma decis alter fact question control commiss assess differ made nma legal factual assess author act accord power avoid author act legal basi merger regul nation competit law legal posit undertak affect respect decis compromis author decis bind effect respect underli set fact case enforc nma decis octob prevent commiss exercis jurisdict transact carri august constitut concentr mean articl merger regul iii commun dimens firm concern achiev aggreg world wide turnov eur billion haniel eur billion cvc eur billion cvk eur billion haniel cvc commun wide turnov eur million haniel eur billion cvc eur billion cvk eur billion haniel cvc achiev third commun wide turnov member state case cvk netherland notifi concentr commun dimens iv procedur examin notif commiss establish notifi concentr fell scope merger regul rais doubt compat common market eea agreement februari decid initi proceed accord articl merger regul april commiss statement object haniel cementbouw cvk haniel comment cementbouw cvk separ document request parti cvk oral hear held brussel undertak builder merchant raab kaarcher baustoffen quot raab kaarcher quot part compat common market relev product market merger relat product sale wall build materi cvk produc sell sand lime brick sand lime wall unit addit activ construct materi market cementbouw produc distribut readi mix concret precast concret wall unit particip cvk haniel activ netherland recent takeov fel activ aerat concret gypsum product takeov ytong account promis sell ytong dutch oper takeov build materi busi relev assess merger addit sand lime concret aerat concret gypsum product clai brick wall build limit extent steel plate wooden panel product sand lime brick masonri unit prepar lime sand ad water compress harden steam pressur brick exclus build wall gener render fill thin plaster hidden view face wall sand lime masonri visibl gener consist face brick produc small format form separ market discuss detail parti produc face brick small quantiti sand lime brick larger sand lime wall unit measur mm netherland aerat concret build materi made sand lime cement aluminium powder ad manufactur process powder react water form fine porou structur aerat concret product block unit construct build load bear wall case block dens unit load bear wall gypsum light wall build materi load bear wall low load bear capac form gypsum plasterboard plank concret wide wall build materi concret wall made pour mix concret site situ concret precast concret wall unit form concret small format concret block concret wall built load bear wall situ concret cast tradit method formwork special made site quot tunnel form quot tunnelgietbouw dutch prefabr tunnel formwork wall ceil cast singl process precast concret wall unit produc factori precis specif transport site incorpor build intend gener constitut entir wall consider larger sand lime brick block predominantli masonri work requir heavi equip brick classic masonri materi manufactur mixtur clai water fire temperatur size individu brick limit fire process deform shrinkag warpag joint work product order offset deform steel plate residenti construct lesser extent residenti construct fill wall space load bear concret steel structur case wall consist steel plate insul materi metal sandwich plate wooden panel emploi industri residenti construct form prefabr wall unit close build load bear wall netherland wood load bear wall except case definit relev market determin extent relev market commiss product market definit born mind exchang wall build materi depend inconsider extent nation build practic tradit condit construct industri vari consider eea state investig commiss focus condit netherland member state merger effect market definit notifi parti wall build materi parti claim singl market wall build materi exist condit competit lack price differ base fact invari sold build materi trade market includ product construct wall clai brick concret block sand lime brick aerat concret block precast concret wall unit sand lime wall unit aerat concret unit masonri mortar situ concret steel plate gypsum plasterboard plank wooden panel parti argu build design gener choic solut construct wall parti state architect project develop gener defin requir met build load bear capac ag resist eas mainten thermal insul fire protect nois insul case architect make select build materi build specif parti specif leav ampl room altern solut build contractor free choic build materi provid specif met project propos opt specif build materi put forward solut parti conced wall build materi interchang purpos view consider differ demand made build materi depend load bear load bear wall parti case divid market wall build materi materi load bear load bear wall previou commiss practic masonri load bear masonri decis preussag hebel commiss look altern product market definit adopt firm posit hand consid possibl market materi build wall quot brick brick quot method masonri includ clai brick sand lime brick aerat concret block pumic block investig time suggest product interchang build plan stage market definit commiss consid distinct made load bear load bear wall load bear masonri account precast concret wall unit situ concret practic german bundeskartellamt masonri bundeskartellamt consist defin relev market wall build materi similar manner commiss initi envisag decis preussag hebel decis bundeskartellamt assum exist market build materi rise back masonri take aerat concret product sand lime product brick pumic block concret block masonri bundeskartellamt distinguish load bear load bear wall bundeskartellamt awar materi germani type wall essenti practic nma build materi load bear wall contrast nma draw distinct load bear load bear wall knowledg materi type wall netherland differ sand lime type wall competit materi case nma includ wall build materi load bear wall definit market wall build materi load bear materi cover mention wall build materi masonri refer recit quot brick brick quot method precast concret unit situ concret point subsequ decis nma open possibl distinct situ concret wall build materi assess basi inform market investig carri case commiss nma conclud decis februari case comp haniel fel april comp haniel ytong relev product market netherland build materi load bear wall separ build materi load bear wall includ build materi load bear wall clai brick sand lime aerat concret concret block precast concret wall unit possibl situ concret result market investig suggest situ concret cast tunnel form exclud settl matter conclus question affect assess concentr likewis market build materi load bear wall cover build materi load bear wall sand lime aerat concret gypsum plasterboard plank steel sheet wood build materi includ parti propos market definit suitabl build wall purpos commiss market investig netherland shown materi competit properti wall build materi abovement wall build materi specif properti account select specif wall build materi specif build project sand lime product cheap build materi achiev size aerat concret precast product dimens mm larger tradit brick sand lime product aerat concret smooth surfac even joint wall unit glu addit sand lime product cut shape factori accord build plan wall unit form gabl window open pre prepar factor time expenditur wage cost need case ordinari brick time sand lime unit requir larg scale invest heavi crane case precast concret wall unit cast mould case situ concret netherland excel load bear properti sand lime load bear wall lesser extent load bear wall netherland estim sand lime load bear wall load bear wall sand lime disadvantag heavi heavi aerat concret materi good sound insul properti suitabl high load bear wall requir residenti construct sand lime tradit popular wall build materi netherland precast concret wall unit requir masonri work size wall produc concret product produc simpl raw materi fairli larg scale resourc crane erect wall turn involv invest cost larg scale project precast concret wall unit industri construct dutch utiliteitsbouw abbrevi bouw hous construct dutch woningbouw abbrevi form bouw medium size project involv unit save cost wall produc factori erect build site requir labour take time bigger project lower cost precast wall situ concret requir largest amount site invest situ concret tunnel form manufactur framework requir repeat cast tunnel form method costli method econom viabl minimum residenti unit residenti unit sourc unit ident shape size flexibl shape size construct situ concret tunnel form method flexibl import criterion netherland case fairli larg project avoid uniform tunnel form method techniqu small build project project includ rectangular shape repetit materi situ concret construct individu hous high rise load bear capac ensur mean cast concret skeleton load bear wall build materi attach aerat concret expens wall build materi produc high grade expens basic materi high energi cost larg section reinforc steel increas price reinforc section entail signific cost manufactur reinforc element contrast steel reinforc case ordinari concret steel reinforc coat order protect corros construct properti aerat concret limit sand lime build storei load bear wall aerat concret excel thermal insul properti germani aerat concret product wall build load bear wall load bear wall netherland ratio revers aerat concret load bear wall gypsum light materi properti suit load bear wall load bear demand floor small space save lack load bear capac gypsum load bear wall brick small wall build unit uneven surfac joint appar wai glu entail high labour cost time consum make brick unsuit industri construct method distinct wall build materi load bear wall load bear wall market investig show decis build materi specif project influenc client architect build contractor influenc choic wall build materi exercis group person vari case case client precis prefer aesthet build cost factor architect specif criteria relev select wall build materi qualiti construct properti flexibl appear purchas price materi cost involv special requir build project account respect build put load bear capac resist ag fire protect sound insul properti technic capabl timet cost project build contractor main criteria option choic wall build materi cost build speed turn influenc experi specif build materi resourc facil crane cost factor concern born mind cost materi part cost erect wall market investig commiss survei decis maker determin basi conduct select wall build materi similarli manufactur build materi ask provid inform netherland survei show select build materi fundament distinct made choic build materi load bear wall build materi load bear wall differ load bear load bear wall term suggest load bear function relev wall build materi load bear wall ensur stabil build relev wall extern wall intern wall perform load bear function wall distinguish wall function support build divid space fill gap insid load bear framework extern intern wall build materi load bear wall meet requir resist pressur load bear capac stiff build materi load bear wall contrast meet possibl contrari requir lighter load bear wall advantag make fewer demand load bear capac ceil thin load bear wall part save space vari requir respect load bear load bear wall result netherland build materi select purpos netherland main materi load bear wall sand lime sand lime load bear wall concret largest build materi categori situ concret load bear wall fifth build materi tunnel form total account load bear wall made precast concret wall unit aerat concret brick account proport plai minor role case load bear wall contrast gypsum product main materi account materi load bear wall aerat concret sand lime demand side pattern typic netherland differ fundament countri germani germani proport aerat concret load bear load bear wall revers netherland germani aerat concret product construct load bear wall netherland aerat concret product load bear wall germani concret plai minor role load bear wall residenti construct brick masonri unit featur promin belgium contrast concret block widespread netherland brick common wall build materi situ concret tunnel form widespread germani belgium netherland reason differ demand side behaviour stem firstli differ build tradit aesthet approach advanc industrialis build method netherland netherland build construct activ base larg scale project residenti sector residenti build relat individu hous build germani contrast figur netherland larg area releas govern build purpos area build construct industri erect thousand residenti unit vinex locati build project scale build materi requir high invest involv lower wage cost situ concret tunnel form method profit brick labour intens build site small size joint entail higher wage cost time consum minor extent sand lime tradit build materi netherland cheap produc great flexibl speed favour cost term build process larg unit cut requir shape factori joint aerat concret wide germani load bear wall good thermal insul properti advantag wide netherland substanti higher price compar sand lime germani cm thick aerat concret unit load bear wall plaster paint produc complet wall meet high thermal insul requir cost face masonri addit insul netherland contrast smooth plaster extern wall customari prefer facad give impress brickwork mean brickwork face front load bear wall insul wall face mean cost advantag aerat concret insul face forfeit aerat concret expens build materi sand lime aerat concret occasion netherland load bear wall residenti construct aerat concret cost gypsum wall light afford thermal insul aerat concret product netherland load bear wall sand lime good sound insul properti case offset disadvantag heavi build materi addit construct properti suitabl high load bear wall requir primarili residenti construct limit competit netherland hand product load bear wall load bear wall prompt commiss draw distinct netherland relev product market load bear wall load bear wall fact wall build materi suitabl load bear wall load bear wall vice versa appli sand lime wall build materi signific extent equal load bear load bear wall firm make product suitabl type wall market load bear wall competit larg set competitor face competit condit appli market load bear wall set price product load bear wall cvk sand lime brick produc netherland restrict price charg market product intend load bear wall commiss market investig show cvk awar specif product firstli case compani place product respons deliv build site deliveri sand lime wall unit make half turnov cvk access architect plan addit haniel thick substanti portion sand lime product mean load bear load bear wall inform confirm raab karcher hear view comment parti cvk statement object discuss question hear commiss take view cvk posit differenti price perceiv competit situat respect implicit price differenti larg small build project bulk discount uniform transport price cvk grant builder merchant project contractor specif discount cvk differenti price sand lime brick product load bear wall load bear wall assum tailor price strategi primarili requir market load bear wall sell product market inclus situ concret market wall build materi load bear wall result market investig rais question extent situ concret includ market wall build materi load bear wall appli situ concret tunnel form explain recit techniqu involv high fix invest cost worthwhil number unit built sourc number region residenti unit ident shape size approxim residenti unit mean method option case small project case larg project aesthet social reason repetit build style avoid irrespect exact number residenti unit requir make tunnel form econom viabl conclud sand lime expos competit situ concret small scale project tunnel form wall part process ceil produc reason decis opt tunnel form price decis decis favour system instanc builder work construct project want switch sand lime product situ concret part tunnel form result chang wall construct materi chang materi make floor ceil mean changeov tunnel form result chang construct plan situ concret tunnel form unusu option builder sand lime product project comment statement object hear parti cvk confirm consolid view situ concret form regard relev product market question situ concret situ concret tunnel form view belong market wall build materi load bear wall left impact outcom negoti parti deem defin relev product market includ kind situ concret plan merger cvk domin posit dutch market conclus relev product market view commiss consid purpos assess notifi concentr distinct made netherland market build materi load bear wall market build materi load bear wall market build materi load bear wall concern question situ concret tunnel form includ market left open affect assess concentr relev geograph market parti defin relev geograph market regard netherland nation firm involv build materi trade tend oper region basi argu transport cost netherland signific build materi suppli entir territori netherland wall build materi transport lorri product site direct build site investig confirm dutch market nation market investig shown price charg wall build materi calcul free product site deliveri netherland transport cost repres insignific cost factor cvk produc sand lime suppli build site netherland direct nearest sand lime work import wall build materi belgium germani appar place border region netherland margin justifi incorpor part belgium germani relev geograph market market investig reveal exist barrier market entri base build industri safeti regul brick laid manual weigh kg netherland case member state hand build standard germani wall compar wall thick stronger extra materi requir expens netherland import undertak oper dutch market wall build materi establish netherland belgian german produc oper netherland dutch subsidiari commiss take view purpos decis relev geograph market defin nation market cover entir territori netherland competit assess commiss reach conclus merger case acquisit control cvk member haniel cementbouw cvk led emerg domin posit cvk control parent compani haniel cementbouw market wall build materi load bear wall netherland descript domin posit stand todai account extent arisen result merger domin posit parti principl court justic european commun defin domin posit posit econom strength enjoi undertak enabl prevent effect competit maintain relev market afford power behav appreci extent independ competitor custom ultim consum posit preclud 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 decis exist larg market share highli import import evid exist domin posit relationship market share undertak involv concentr competitor largest market structur total quantit volum dutch market wall build materi term volum eur market wall build materi load bear wall volum worth eur situ concret exclud load bear wall market volum shrink eur situ concret tunnel form method exclud market volum eur market share volum parti main competitor includ wall build materi load bear wall altern exclud situ concret situ concret cast tunnel form method gt tabl gt commiss find cvk share market wall build materi load bear wall largest market player cementbouw haniel acquir control cvk result merger market share cementbouw ow market posit activ area precast concret wall unit situ concret cvk haniel activ dutch market activ fel parti joint market share largest competitor readi mix concret manufactur mebin market share competitor market share market share cvk time bigger lead competitor situ concret includ market wall build materi load bear wall market share cvk cvk suppli situ concret includ cementbouw market share parti hold combin market share largest independ competitor mebin activ relev product market leav limit number smaller competitor market share exce case situ concret cast tunnel form method exclud market definit cvk market share includ cementbouw market share parti hold market share market posit parti competitor parti state chang recent year role wall build materi cvk competitor netherland activ sand lime brick sector cvk produc supplier build materi netherland sand lime reason tradit popular wall build materi countri wall build materi signific extent load bear load bear wall situ concret regard materi cvk subject consider competit pressur hand situ concret account market wall build materi attribut cementbouw data industri associ vobn share situ concret remain stabl market declin slightli question put trend small diversifi construct project hand competit pressur market depend market posit product market posit competitor suppli product competitor market wall build materi dispers largest produc situ concret mebin share market wall build materi load bear wall competitor contrast parti market share cvk stand import factor market posit competitor product offer true case market question differenti product market rang product compet vari extent case depend characterist product specif situat product directli compet product explain connect definit product market doubt situ concret includ relev market market abil suppli specif product appreci consum import firm market posit cvk market posit strengthen market share fact sole manufactur sand lime product netherland barrier market entri notwithstand parti cvk comment statement object discuss hear commiss take view substanti barrier market entri cvk control sand lime brickwork netherland product import wall build materi relev product market commiss market investig shown manufactur wall build materi undertak manufactur sand lime brick product great expens term time invest true wall build materi aerat concret product process product plant wall build materi haniel put invest cost sand lime brickwork eur set readi mix concret plant cost haniel eur cementbouw estim invest cost higher competitor question connect investig market state consider difficulti expand exist capac launch product wall build materi competitor establish sand lime brickwork requir invest eur offici authoris difficult obtain build work year contrast parti view market entri barrier low commiss assum competit pressur exert market entri control cvk room manoeuvr relev market market entrant recent time limit concret sector consider excess capac sand lime product fact make market entri unattract prospect cvk close origin eleven sand lime brickwork cvk remain product facil evenli dispers netherland suppli custom local brickwork commiss market investig shown factor strengthen cvk market posit buyer power notwithstand parti cvk comment statement object discuss hear commiss take view custom cvk buyer power custom bui substanti part cvk output largest build materi trader largest sale share account cvk sale give largest buyer power trader market trader bui associ inkoopcombinati import fact dealer depend deal cvk product sand lime import build materi netherland import concret constitut altern trader situ concret appreci extent precast concret wall unit market build materi replac sand lime product trader confirm raab karcher hear true haniel argu build materi trader risk lose build project concret sand lime brick offer cheap mean trader sand lime brick offer indirectli cvk competit concret supplier trader posit exert buyer power cvk cvk consider influenc determin price charg build firm materi trader bear financi risk sale build firm trader decid materi explain detail cvk gener inform ident user product put brick suppli direct work situat closest construct project cvk discount grant dealer bound suppli construct firm project construct firm wide dispers posit exert buyer power similarli demand compon larg dutch build group bam groep koninklijk volker wessel stevin heijman ballast nedam hbg small individu exert buyer power offset cvk domin suppli side influenc competit adjac market cvk oper scope market wall build materi load bear wall limit condit competit adjac market wall build materi load bear wall market posit weaker commiss comment statement object cvk awar set price product load bear load bear wall gear price primarili condit competit load bear wall market import refut parti cvk refer made comment recit respect integr cementbouw cvk domin posit dutch market wall build materi load bear wall characteris structur link control parent compani cementbouw cementbouw oper relev market suppli situ concret precast concret wall unit area precast concret wall unit cementbouw strong posit regard smaller unit princip residenti construct product readili substitut sand lime product cvk cementbouw offer depend market definit import wall build materi load bear wall cvk cementbouw consider wider oper scope compet supplier wall build materi differenti product market question supplier posit cover custom comprehens cementbouw activ downstream build materi trade market build materi trade divis largest wholesal build materi netherland strong market posit west north east countri build materi dealer dealer belong cementbouw receiv preferenti treatment cvk factor contribut cvk cementbouw consider wider oper scope compar competitor cementbouw object structur link cvk cementbouw account competit assess cvk control cementbouw undertak past competit reason set section ii decis commiss start assumpt cementbouw control cvk joint basi haniel assess effect merger assum cementbouw cvk oper independ market competitor result parti market posit summaris cvk largest market share ad cementbouw market share result parti combin market share remain market volum fragment divid competitor market share percent cvk dutch supplier import build materi netherland market power parti offset buyer power side market born mind cementbouw activ import build materi relev market downstream market build materi trade combin factor parti domin posit market wall build materi load bear wall netherland emerg domin posit result merger basi investig commiss take view parti domin posit aros result merger august dutch manufactur sand lime product full function compani cvk jointli control haniel cementbouw merger sand lime brick work make cvk legal econom independ market product centralis joint market organis cvk sand lime brick manufactur control haniel control cementbouw rag achiev individu share market wall build materi load bear wall led conclus domin posit estim haniel market share haniel work cementbouw work market wall build materi load bear wall rag work fact sand lime brickwork belong cvk link joint market organis merger justifi view firm held domin posit cvk merger significantli alter market structur convers joint market organis full function compani constitut structur chang market condit lead emerg domin posit occur case merger perman bring dutch sand lime brick manufactur singl manag cvk joint market organis exist oper standardis albeit import aspect competit conduct cvk work market product link ad chain research develop purchas logist product market centralis cvk relat strateg decis determin conduct success firm competit process adopt uniformli cvk manag structur chang market condit brought creation full function compani gener perman format joint market organis easi member joint market organis withdraw organis oper independ extens restructur case full function compani function previous separ firm integr difficult longer compani split origin situat restor rememb result merger cementbouw activ relev market downstream market build materi trade inur cvk final view merger led emerg domin posit part cvk dutch market wall build materi load bear wall confirm market develop uncov commiss market investig cvk competit conduct merger price level sand lime previous risen rel moder rate cvk increas price inform commiss dispos demand wall build materi declin period price product brick fell remain unchang larg number custom cvk impos price unilater prepar negoti raab karcher state hear exist cvk market organis individu price negoti individu sand lime brick work individu case convers cvk full function undertak work member cvk refus individu talk custom refer cvk central offic hilversum respons exist surplu capac cvk close eleven sand lime brick work bergumerm vogelenzang boudewijn combin product capac bwf correspond total capac cvk work cvk unilater impos transport charg condit custom requir purchas glue requir construct sand lime brick wall cvk cvk turn obtain cementbouw cvk refus abid guarante glue manufactur build materi dealer market player increasingli pass marginalis cvk result unilater price increas requir accept reduc margin question state made difficult imposs import germani hand dutch custom german sand lime brick work own haniel situat close border refus suppli question express fear cvk longer suppli type sand lime brick element germani obtain sand lime brick unit germani state raab karcher hear raab karcher state german sand lime brickwork belong haniel group recent increas suppli price raab karcher see attempt direct demand back cvk cvk conduct market player monopolist state competit declin point vertic link cementbouw activ build materi trade factor suggest cvk convers full function compani put posit behav greater extent independ competitor custom previous joint market organis merger price competit sand lime brick manufactur essenti rule cartel manufactur defin busi strategi independ cvk result singl manag entir dutch sand lime brick industri focu competit paramet product develop diversif capac adjust product quantiti price central profit maximis compani fulli exploit advantag uniqu posit market vi vi competitor custom parti cvk opinion merger impact market cvk exist market organis longer durat full function joint ventur cvk prior point view demand side firm oper integr supplier market member work distribut structur present merger exit straightforward matter competit behaviour parti custom commiss market investig point develop market power partli repudi parti partli attribut reason price increas sand lime attribut higher cost line gener trend price price increas impos german haniel sand lime brickwork complain raab karcher hear involv factori german länder prior takeov haniel sold surplu product netherland cost price take account comment parti cvk commiss maintain view merger brought structur chang market condit joint market organis equat effect competit integr full function undertak singl control exist year exit individu member make adjust establish distribut structur merger previous independ undertak merger form distribut organis cover materi criterion merger control creation strengthen domin posit except case inform provid raab karcher hear solid market organis last long cvk posit depriv member scope competit action cvk price increas charg partli pass cost increas custom view exist surplu capac fall demand stagnat decreas price compet wall build materi cvk substanti extent act independ competitor custom undertak fulli expos competit circumst gener pass cost increas full custom mean merger cvk exist todai form exist detail explan statement view fact cartel proceed cvk progress pool agreement notifi nma assum present domin posit parti creat result merger conclus commiss reach conclus merger led emerg domin posit part cvk market wall build materi load bear wall netherland result effect competit common market substanti part thereof significantli obstruct vi commit submit haniel cementbouw order remov commiss misgiv relat market wall build materi load bear wall netherland haniel cementbouw initi submit draft commit essenti provid haniel cementbouw end cooper agreement sell hold acquir rag firm anker vogelenzang van herwaarden independ purchas pool agreement chang cvk articl maintain purchas share sold undertak particip pool agreement current cvk structur commiss point parti view draft commit suffici resolv competit problem identifi commiss haniel cementbouw submit commit full text set annex decis haniel cementbouw undertak adopt commiss decis revok pool agreement undo amend cvk articl dissolv cvk revok cooper agreement effect simultan end pool agreement end joint control firm anker van herwaarden descript achiev firm vogelenzang present busi activ resum product haniel cementbouw undertak end joint control undertak provid respect anker van herwaarden haniel cementbouw undertak commit cvk intern organis commit rule appoint truste task supervis complianc commit parti vii competit assess notifi merger light commit submit haniel cementbouw commit submit parti initi draft form commiss view suffici dispel competit doubt dutch market wall build materi load bear wall draft commit remov joint control haniel cementbouw cvk time remov cvk domin posit creat merger draft commit base assumpt explain section ii decis incorrect acquisit joint control haniel cementbouw cvk subject examin commiss proceed simultan complet acquisit control cvk member undertak decis nma octob subject commiss jurisdict final commit recit contrast commiss view suffici resolv manner abovement competit misgiv result commit effect merger section ii undon revoc pool agreement cooper agreement cvk control member undertak remov mean undertak wholli own haniel de hazelaar loevestein hoogdonk rijsbergen boudewijn undertak wholli own cementbouw harderwijk roelfsema bergumerm sole control respect sharehold simultan restor joint control joint ventur anker van herwaarden vogelenzang remov measur instanc parti haniel cementbouw sole control undertak anker van herwaarden mean hamiel cementbouw acquir sole control anker van herwaarden analysi specif mean hamiel cementbouw acquir sole control anker van herwaarden firm vogelenzang present busi activ parti intend sell asset undertak parti share proce sale proport hold busi activ vogelenzang resum present sharehold haniel cementbouw parti sole control undertak provid case firm anker van herwaarden parti undertaken dissolv cvk descript parti motiv make commit step need put effect mean commit fulli compli cvk ceas exist present form joint ventur jointli control haniel cementbouw entir dutch sand lime brick industri combin uniform direct place present cvk compet supplier sand lime brick sand lime brickwork sole own own basi major hold haniel cementbouw belong integr respect group haniel cementbouw take account respect continu suppli product relev market wall build materi load bear wall expect haniel cementbouw individu jointli retain domin posit cementbouw undertak long oper dutch market readi mix concret precast concret ball element vertic integr wholesal stage haniel contrast build materi sector hitherto oper german market enter dutch market acquisit sand lime brickwork belong cvk recent acquisit aerat concret manufactur fel haniel ad essenti product product rang dutch wall build materi market suggest parti differ interest dutch market view geograph distribut work belong haniel cementbouw separ rule risk coordin end distribut organis exist merger appli small geograph size dutch market locat work significantli affect transport cost analysi point view competit specif mean commit put effect analysi point view competit specif mean commit put effect period allow parti complianc commit appear except view unusu circumst case order dissolv exist central integr full function undertak cvk place establish mutual independ sand lime brick undertak parti enabl cope organis measur includ labour manag labour law requir paragraph detail explan statement present case merger examin commiss effect year ago result creation integr undertak dissolut subject commit parti differ convent case commit sell exist undertak oper stand basi commiss conclus take account commit haniel cementbouw notifi merger give parti domin posit market wall build materi load bear wall netherland viii condit oblig sentenc paragraph articl merger regul state commiss attach decis condit oblig intend ensur undertak concern compli commit enter vi vi commiss view render concentr compat common market measur effect structur chang market impos form quot condit quot implement step achiev result form quot oblig quot condit fulfil commiss decis declar concentr compat common market null void undertak concern commit breach oblig articl merger regul empow commiss revok clearanc decis articl articl merger regul empow impos fine period penalti parti accord basic distinct commiss decis made subject condit full complianc commit haniel cementbouw relat dissolut cvk present form format mutual independ sand lime brick supplier commit serv offset identifi creation domin posit parti dutch market wall bear materi load bear wall maintain competit market remain part commit detail truste appoint haniel cementbouw made subject oblig intend ensur implement mention condit ix addresse decis decis statement object preced address notifi parti cvk joint ventur jointli control parti exception circumst case milit favour includ cvk addresse decis cvk parent compani indirectli addresse target undertak case instrument merger place cvk direct involv commit haniel cementbouw fulfil cvk parti pool agreement measur involv amend cvk articl conclus reason provid commit enter haniel cementbouw fulli compli accept concentr creat strengthen domin posit result effect competit significantli imped common market substanti part subject full complianc commit set annex concentr declar compat common market eea agreement pursuant articl merger regul articl eea agreement adopt decis articl notifi concentr franz haniel amp cie gmbh cementbouw handel amp industri bv mean articl merger regul acquir joint control undertak coöperatiev verkoop en produktieverenig van kalkzandsteenproducenten member undertak declar compat common market eea agreement articl articl appli subject condit commit enter franz haniel amp cie gmbh cementbouw handel amp industri bv set point annex compli full articl oblig attach decis commit enter franz haniel amp cie gmbh cementbouw handel amp industri bv set annex compli full articl decis address franz haniel amp cie gmbh franz haniel platz duisburg cementbouw handel amp industri bv bennebroekerdijk le cruquiu netherland coöperatiev verkoop en produktieverenig van kalkzandsteenproducenten utrechtseweg tv hilversum netherland brussel june commiss mario monti member commiss oj corrigendum oj oj oj oj commiss decis februari case comp haniel fel april case comp haniel ytong nbm amstelland sold cementbouw cvc begin case cvk kalkzandsteen commiss notic concept concentr council regul eec control concentr undertak oj recit plan closur bergumerm boudewijn vogelenzang work mention intern document haniel basi carri cvk oper detail document refer intern document haniel letter cvk legal advis nma date april nma letter legal advis date april turnov calcul accord articl merger regul commiss notic calcul turnov oj turnov achiev januari calcul averag ecu exchang rate convert euro ratio maximum size mm case comp preussag hebel compar decis februari case comp haniel fel decis april case comp haniel ytong nma decis octob case cvk kalkzandsteen nma decis februari case ncd fernhout construct industri associ vobn claim tunnel method viabl option residenti unit depend local circumst design hous degre variat market particip question regard tunnel method econom viabl residenti unit involv inform provid parti situ concret account materi tunnel form market investig suggest proport higher element cut specif specif deliveri paragraph note context case cvk site product recit case hoffmann la roch commiss ecr paragraph case gencor commiss ecr ii paragraph assum situ concret netherland cast tunnel form method footnot calcul base estim made parti share build materi consumpt wall build materi broken load bear load bear wall wall build materi load bear load bear wall sand lime brick aerat concret part build materi estim load bear wall account basi market investig commiss consid estim basic accur precis statist data annual report nbm amstelland time cementbouw parent compani figur present supervisori board franz haniel amp cie gmbh march market share haniel work cementbouw work netherland merger stood rag work assum cvk share relev market haniel cementbouw market share rag case decid conclus pool agreement close eleven exist sand lime brick work bergumerm boudewijn vogelenzang consequ cvk broken eleven member longer busi oper abbrevi basiswaalformaat basic wall format standard unit size wall build materi paragraph commiss notic remedi accept council regul eec commiss regul ec oj paragraph commiss notic remedi accept council regul eec commiss regul ec oj recit point annex annex full word condit oblig refer articl origin german consult commiss websit http europa eu int comm competit merger case decis de pdf