commiss decis juli declar concentr compat common market function eea agreement case comp pirelli bicc 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 march commiss receiv notif pursuant articl regul eec merger regul propos concentr pirelli cavi sistemi spa pirelli acquir control mean articl merger regul part busi bicc gener target quot bicc quot compani field gener wire power cabl unit kingdom itali asia africa purchas share compani preliminari examin notif commiss conclud propos concentr creat strengthen domin posit result effect competit significantli imped common market substanti part rais doubt compat common market april commiss decid accord articl merger regul initi proceed case parti pirelli compani establish italian law belong pirelli group pirelli group oper compani product activ respect cabl cabl system bicc compani base unit kingdom activ worldwid develop design manufactur cabl product copper aluminium fibr optic wire product bicc put worldwid energi cabl busi sale entir busi includ compani subject propos acquisit pirelli acquir firm gener unit state america ii oper parti conclud share purchas agreement februari pirelli acquir manufactur plant unit kingdom situat leigh prescot wrexham erith plant itali settimo torines ascoli piceno agreement pirelli acquir share compani own bicc quot bicc gener uk cabl limit quot unit kingdom quot industri cabl quot unit kingdom quot compound quot unit kingdom quot bicc rod roller quot unit kingdom quot supertens subsea system quot unit kingdom quot bicc gener ceat cavi srl settimo torines quot itali quot bicc gener cavi srl ascoli quot bicc retain manufactur plant spain bicc gener cabl barcelona portug bicc celcat manufactur plant uk bicc pyrotenax produc miner insul fire resist wire cabl thermo electr heat measur cabl iii concentr oper includ acquisit product unit distribut technolog unit intellectu properti right own bicc conceiv countri target compani locat share purchas agreement pirelli acquir sole control target compani oper constitut concentr mean articl merger regul iv commun dimens undertak concern combin aggreg worldwid turnov eur million pirelli bicc eur million aggreg commun wide turnov excess eur million pirelli eur million bicc eur million undertak concern achiev third aggreg commun wide turnov member state notifi oper commun dimens mean articl merger regul constitut cooper case eea agreement assess articl merger regul relev product market product concern oper gener wire product copper rod insul power cabl low medium high extra high voltag rang power cabl underground submarin electr line contrast bare wire typic overhead transmiss line belong separ product market concern oper product sale gener wire gener wire cover varieti low voltag cabl build industri applic power signal suppli mobil devic railwai petrochem instal gener wire product sold electr wholesal cabl distributor directli instal origin equip manufactur oem parti segment market relev market test confirm view purpos decis relev product market market gener wire product sale copper rod copper rod princip raw materi manufactur power cabl wind wire gener cabl metal commun cabl electr grade copper rod convert cabl copper rod convert solid conductor element copper wire parti maintain virtual cabl manufactur facil transform copper rod copper wire conductor element commiss investig confirm view relev product market purpos decis product sale copper rod product sale energi power cabl power cabl distinguish criteria voltag level extra high voltag ehv high voltag hv power cabl transmiss electr power low voltag quot lv quot medium voltag mv power cabl emploi distribut electr parti maintain relev product market power cabl power cabl market includ lv kv mv kv hv kv ehv kv kv power cabl parti argu distinct voltag level made histor reason longer meaning commiss contrast establish lv mv hand hv ehv power cabl belong product market power cabl lower lv mv higher hv ehv voltag rang demand side parti claim cabl mv hv extent found similar applic distribut system custom choos connect directli transmiss network connect seri intermedi point exist distribut network suppli electr area signific consumpt time busi park larg hous estat market test reveal theoret mv connect substitut hv connect due increas energi loss extra cost result addit equip requir substat gener regard unattract viabl option custom custom explain free choic voltag level choic determin configur exist grid parti view limit demand side substitut justifi segment market voltag rang parti argu concept quot indirect direct chain substitut quot refer paragraph commiss notic definit relev market power cabl voltag rang regard substitut demand side lead definit singl market energi power cabl evid support market definit concept quot chain substitut quot refer inter alia situat product regard belong product market direct substitut price constrain product substitut product present case price hv ehv power cabl constrain price lower voltag rang lv mv vice versa lesser extent differ price intend cabl voltag rang cabl kv kv part mv segment warrant distinct power cabl voltag rang characterist demand substanti differ cabl contrast number differ structur demand lv mv hand hv ehv power cabl hand impact competit condit prevail market differ custom base hv ehv mv lv power cabl ehv hv cabl transmiss power purchas larg nation grid oper enel itali domest demand mv lv cabl predominantli distribut electr purchas nation util region local util industri railwai manufactur enterpris region util municip itali unit kingdom extent purchas hv power cabl share total demand minim compar nation transmiss grid oper continu oper regul monopoli differ frequenc transact lower higher voltag rang process custom select supplier hv ehv cabl unlik lv mv cabl purchas custom project project basi defin type cabl requir specif project custom order complet instal cabl termin design construct includ accessori instal supervis system integr lower voltag rang power cabl accessori order separ lv mv power cabl standardis product manufactur stock supplier point deliveri made weekli daili requir lv mv purchas distributor wholesal multi year purchas agreement directli manufactur suppli side parti submit substitut suppli power cabl voltag rang view cabl supplier offer sell product type signific switch cost lead time suppli side substitut parti maintain requir signific adjust exist tangibl intang asset major invest set time factor relev determin power cabl voltag suppli side substitut time cost requir set product line distribut channel voltag rang cost involv switch voltag rang exist product facil main european supplier cabl ehv hv rang includ larg manufactur abb alcatel nkt pirelli bicc lv mv power cabl produc larg firm signific number smaller quot tier quot manufactur draka specialis lv mv power cabl carena cavi ariston cavi triveneta trato aei smaller firm tend cover limit product geograph market lower voltag rang suppli region util supplier activ lv mv voltag rang technic capabl manufactur hv ehv product gain signific market share greek compani fulgor respect barrier face power cabl produc intend enter voltag rang result market test suggest produc ehv hv provid lower voltag rang switch envisag econom reason invest equip machineri supplier stress produc lv mv power cabl easili switch product higher voltag cabl intens switch individu voltag rang requir consider invest term time capit pirelli estim time cost requir switch voltag rang cost switch lv product mv power cabl estim pirelli approxim eur million month grade equip switch mv hv cost approxim eur million averag month final switch hv ehv power cabl involv cost eur million eur million achiev month base estim technic switch cost time signific supplier point addit pure technic product resourc success entri hv ehv power cabl market requir consider custom goodwil main custom energi util concern potenti entrant pass number pre qualif test elig supplier higher voltag rang supplier suggest switch lower higher voltag rang includ instal product line complet test long year aspect confirm number custom requir supplier hv ehv cabl build compet instal system integr addit successfulli market ehv cabl track record success refer project crucial manufactur move progress voltag rang build suffici custom goodwil cost switch voltag rang exist product facil manufactur state polymer insul extrus line design effici produc specif rang cabl type product cabl type rang technic lead loss effici higher unit cost result suboptim line speed utilis asset hv line product mv lv cabl addit switch cabl type line involv retool increas scrap rate competitor estim factori dedic small number cabl type oper effici due lower scrap rate retool cost specialis plant upgrad product lower higher voltag level involv signific time cost switch product voltag exist machineri lead signific increas unit product cost suppli side substitut low xlpe fluid fill power cabl basic technolog product energi power cabl quot fluid fill quot quot oil fill quot technolog cross link polyethylen extrus xlpe technolog involv process base insul laminar paper wrap conductor impregn dielectr fluid gener type cabl earli start gradual replac newer xlpe technolog begin lower voltag xlpe technolog base extrud insul achiev cross link polyethylen oil fill technolog involv signific process wide competitor product equip partli develop hous major cabl manufactur xlpe technolog contrast report wide equip suppli extern machineri maker significantli access potenti entrant equip product oil fill cabl xlpe product vice versa conclud technolog substitut suppli side demand side strong evid fluid fill power cabl xlpe cabl substitut xlpe technolog initi lv mv rang earli increasingli common hv ehv applic compar oil fill cabl xlpe cabl simpler instal requir mainten environment friendli risk leakag result share fluid fill cabl ehv europ decreas rapidli oil fill cabl account total ehv power cabl market parti estim technolog market share fall competitor confirm declin custom demand oil fill cabl technolog consid increasingli obsolet lv mv hv power cabl virtual custom regard xlpe oil fill cabl substitut ehv market custom state xlpe oil fill power cabl readili substitut custom argu long term reliabl xlpe product suffici proven specif featur grid diamet exist duct made switch costli present market test shown european util oil fill cabl ehv plan switch xlpe technolog futur project electricité de franc edf french util began xlpe power cabl ehv mid major custom supplier remain technic obstacl xlpe power cabl ehv instal cabl exist network fluid fill cabl enel italian electr provid past oil fill epr insul power cabl ehv purchas xlpe ehv power cabl period region util state similar view edison aem torino itali scottish southern energi plc specif obstacl xlpe exist due xlpe cabl larger conductor size assum transitori conclus commiss conclud product sale lv mv power cabl hand hv ehv power cabl hand distinct market demand side substitut product switch cost time product lower higher voltag signific thirdli limit suppli side substitut impact equival miss demand substitut effect switch higher voltag rang exist machineri effici rang significantli increas product cost final distinct lv mv hand higher voltag rang hv ehv hand requir due competit condit govern suppli demand product commiss consid evid maintain fluid fill power cabl extra high voltag form distinct product market ehv power cabl manufactur techniqu xlpe produc larg major custom europ cabl type substitut relev geograph market product sale gener wire parti submit market gener wire commun wide market due harmonis cabl specif presenc multin oper commerci polici establish commun level market investig present case confirm view purpos decis market gener wire consid commun wide market product sale copper rod parti submit relev geograph market copper rod commun wide copper rod standardis commod product wide trade europ compar price parti hold transport cost constitut barrier import copper rod commiss investig confirm assess product sale power cabl parti maintain power cabl market progress evolv commun wide market view barrier market entri suppli side harmonis technic standard power cabl parti remov remain obstacl commun base supplier particip tender member state demand side perspect power cabl market bid market custom increasingli sourc power cabl european level basi procedur provid commun public procur direct element low impact transport cost parti argu reflect increas level import export power cabl member state commiss investig confirm market power cabl commun wide harmonis product standard advanc significantli decis alcatel aeg kabel commiss found cabl market commun transit stage shift nation market commun wide time conclud transit complet due number factor includ exist cabl specif hinder import complic lengthi approv requir supplier meet nation standard relat adapt cost decis pirelli siemen commiss recognis tendenc harmonis technic standard europ question nation european dimens geograph market left open present case commiss found european committe electro technic standardis cenelec lv mv power cabl cover european standard en specialist nich applic european standard exist en transposit nation standard compulsori hd harmonis document transposit voluntari cenelec report en hd implement nation level year adopt util report appli en intern standard iec nation standard compliant european standard lv mv cabl mix iec cenelec standard prevail member state addit individu util custom appli set product specif enel instanc appli specif lv mv power cabl relat product qualiti raw materi product safeti specif stipul util fit respect cabl network joint accessori switch gear indic specif constitut signific barrier entri potenti competitor parti number european cabl supplier abb alcatel nkt sagem remain bicc facil spain portug possess technic capabl product capac certif requir suppli major european electr util put larg number tender tradit home market tier manufactur addit smaller manufactur suppli cabl specif requir lv mv power cabl commun hv ehv market contrast set product standard project util custom design standard base nation iec cenelec standard cabl custom design high extra high voltag project nation standard constitut barrier entri order qualifi supplier hv ehv power cabl supplier meet comprehens test requir custom month main supplier hv ehv cabl includ pirelli bicc alcatel abb nkt tier manufactur qualifi supplier european power util compani meet certif requir tender project util oblig estim purchas year advanc view forego conclud product standard larg harmonis european level exist nation specif longer obstacl market entri price differ due individu characterist tender commiss investig reveal comparison price level countri individu product meaning price power cabl depend strongli quantiti purchas transact specif stipul individu tender batch size vari wide custom framework contract lv mv market cover thousand kilometr cabl contract relat short cabl link addit individu custom typic requir cabl design ident voltag singl multipl core cabl type kind conductor round sector type screen differ combin vari contract size lead price differenti member state constitut barrier entri util purchas commun wide tradition prior deregul electr market mark monopoli supplier purchas larg domest cabl supplier public procur direct council direct eec june coordin procur procedur entiti oper water energi transport telecommun sector amend commiss direct ec contract entiti requir ensur discrimin supplier contractor servic provid member state public procur direct util legal requir tender cabl requir european basi public offici journal european union contract award notic examin commiss investig reveal contract tender commun wide major case success bidder continu nation supplier long establish supplier relationship util custom util incumb supplier defend tradit nation stronghold open procur procedur abb instanc hv ehv market share sweden norwai germani present member state sat sagem franc belgium present member state nkt denmark germani acquisit felten amp guillaum fulgor market share greec minor presenc member state market share chang margin past year pirelli bicc alcatel signific market share larg member state pirelli itali franc spain germani unit kingdom bicc unit kingdom germani itali portug spain alcatel franc belgium itali compani market leader pirelli bicc larg base market posit local product facil acquisit local player lv mv segment similar trend observ signific asymmetri market share europ suggest market nation scope market investig conduct commiss support initi assumpt capac combin threat lose foreign competitor present enabl util achiev highli competit bid incumb domest supplier cross border bid increasingli frequent number european cabl manufactur regularli particip tender member state unit kingdom import ratio domest supplier nkt studer fulgor alcatel wessel trato submit bid lv mv power cabl itali import ratio lower approxim consumpt increas significantli past year itali domest supplier abb nkt sagem recent particip enel tender hv ehv power cabl unit kingdom alcatel recent qualifi supplier ehv cabl ngc particip ngc tender high voltag project northern yorkshir liberalis commun procur legisl led substanti chang nation market share low price level make aggress undercut unattract competit pressur exert foreign supplier util face obstacl switch foreign supplier local price rose competit level switch facilit fact larg energi util sophist custom signific buyer power easili turn foreign firm util address itali unit kingdom germani franc confirm hesit move order foreign supplier domest manufactur attempt rais price appreci extent addit util achiev substanti price reduct confront incumb altern bid foreign competitor time deregul increas util incent bargain aggress cabl supplier countri plan introduc regulatori system effici gain set level accru util unit kingdom rpi price control reassess year ensur minimum level effici gain pass consum set strong incent util perform rpi price control part electr industri requir averag price revenu decreas real term annual rate price control reflect anticip level futur oper cost capit expenditur incur set provid adequ return sharehold consist effici perform increas intra commun trade flow parti argu due deregul electr market absenc entri barrier low transport cost western europ import export increas recent year parti total western european consumpt import total product export commiss inquiri reveal gener import power cabl increas commun trend partli reflect strategi tier cabl manufactur improv effici consolid product specif cabl type dedic plant european basi strategi european realign product capac pursu tier cabl manufactur pirelli bicc alcatel abb nkt alcatel suppli larg quantiti cabl french product plant countri nkt abb creat intern product hub copenhagen karlskrona suppli cabl european countri suppli power cabl increasingli take place european product network domest sourc import ratio differ member state unit kingdom consumpt import import account approxim consumpt itali increas germani consumpt import franc nordic countri lower level import member state due exist entri barrier reflect differ speed extent deregul privatis place inquiri reveal local product capac prerequisit success market entri transport cost low averag intra commun transport cost estim product cost lie rang industri establish european product system similarli market investig reveal local presenc supplier meet custom time deliveri requir lv mv power cabl custom week order requir met import product carri week local storag facil establish short notic moder cost hv ehv power cabl time deliveri requir aris local presenc reason mainten instal essenti case lv mv cabl instal mainten custom case hv ehv power cabl instal mainten perform larg supplier local contractor view support custom competitor cover commiss investig conclus summaris gradual liberalis electr market led market product sale power cabl lv mv hv ehv evolv commun wide reflect current market share demand side domin larg sophist custom signific buyer power strateg encourag foreign firm entri barrier entri low commiss conclud relev geograph market commun wide competit assess gener wire market share achiev pirelli target compani main competitor commun notif set tabl gt tabl gt shown tabl paragraph parti combin market share small distanc alcatel hold market gener wire fragment market numer supplier compet merg entiti propos concentr margin increas pirelli current market share gener wire lead creation domin posit pirelli bicc gener wire signific entri barrier manufactur process requir complex custom loyalti report low import proport product gener wire product sold independ distributor affili cabl produc signific market posit member state import distributor includ rexel sonepar edmundson franc belgium newei amp eyr rexel sonepar unit kingdom market investig confirm propos concentr give rise competit concern field gener wire product sale copper rod commun level pirelli bicc sale copper rod account approxim total market combin share alcatel pirelli bicc alcatel power cabl produc vertic integr product copper rod sell total eea copper rod product independ manufactur sell suppli propos concentr lead creation domin posit market copper rod result competit significantli imped common market competitor pirelli bicc alcatel sourc copper rod independ supplier power cabl recent develop power cabl industri power cabl market tradition close market nation supplier cover nation electr util requir face signific competit foreign competitor absenc competit pressur public util tend favour domest supplier moder price sensit tendenc countri quot engin quot network power cabl addit typic account minor share util capit expenditur low singl digit percentag initi constitut prioriti target cost reduct high voltag transmiss european util electr grid predominantli overhead line market concern oper gradual liberalis electr market introduct commun public procur regim cabl industri competit environ start chang demand decreas result restructur util privatis separ transmiss distribut mainten high level market satur member state fairli develop electr system util reduc invest budget due tighten regulatori regim lead signific industri wide capac approxim due factor cabl supplier found confront past year rapidli declin price decreas profit margin price move uniformli member state gener declin lv mv larger member state franc itali unit kingdom spain germani hv ehv segment specif featur individu project small number transact blur price trend cross countri comparison custom report signific price decreas market fact price declin uniformli european countri market nation reflect speed electr market deregul point nation util price sensit present price level histor low market environ led cabl manufactur exit market remain merg competitor reduc capac gain effici capac utilis consolid product specif cabl type dedic plant european basi present oper context gener consolid restructur trend cabl industri underli busi rational propos pirelli bicc rationalis product capac includ possibl plant closur oper reduc industri capac parti market power oper constrain viabl supplier util signific buyer power prevent price increas competit level market share tabl set market share hv ehv market commun notif gt tabl gt pirelli bicc combin market share player alcatel oper combin largest largest manufactur hv ehv power cabl tabl set market share lv mv market commun notif gt tabl gt pirelli bicc combin market share amount lv segment pirelli bicc alcatel account approxim market whilst mv segment account due pirelli bicc high combin market share lv mv hv ehv market commiss investig possibl creation singl domin pirelli bicc hv ehv market creation collect domin pirelli bicc alcatel hv ehv market creation collect domin pirelli bicc alcatel lv mv market creation singl domin hv ehv market impact market share increment result oper hv ehv market combin entiti market leader market share european level consider distanc largest firm alcatel properli assess parti market posit born mind member state demand high voltag power cabl consist respect nation grid oper nation grid compani ngc unit kingdom enel itali edf franc account domest demand prevail market structur result domin custom purchas polici util move purchas altern supplier order maintain desir number sourc result pirelli bicc current combin commun market share sustain merg entiti competitor pirelli bicc state anticip opportun aris foreign supplier util pirelli bicc main supplier diversifi supplier base due current situat capac main european cabl manufactur signific spare capac fill addit order present depress price level enabl util obtain highli competit bid tradit supplier market share remain stabl past year competit pressur exert foreign competitor util achiev consider price reduct confront incumb supplier lower bid foreign competitor abb brugg itali alcatel fulgor unit kingdom nkt germani oper custom altern supplier parti number larg european cabl supplier abb alcatel nkt brugg possibl sagem bicc gener possess technic capabl product capac qualiti certif suppli major european util intens hv ehv voltag cabl larg quantiti credibl bidder major european tender hv ehv power cabl addit smaller compani fulgor market share commun level recent ad enel list pre qualifi supplier hv ehv power cabl technic capabl suppli hv ehv provid custom guarante suffici order justifi invest shown recit technic administr barrier entri low specif type qualif requir obtain reason time period custom assist tier manufactur suppli power cabl hv ehv xlpe technolog addit market particip agre transport cost moder product price import level increas competitor low commun market share compar pirelli bicc adequ reflect competit strength product capac low prevail price level led manufactur focu oversea market abb tradit home market alcatel price level recov compani expect bid activ europ addit custom confirm exist contractu relationship incumb supplier repres obstacl switch supplier short notic due strong bargain posit util custom past renegoti framework contract felt market price decreas contract term final due substanti purchas power util possibl attract addit cabl supplier strateg alloc order broaden supplier base fulgor encourag british util enter unit kingdom market compani technic capabl manufactur xlpe power cabl ehv kv futur tier manufactur term commun market share product rang geograph market penetr principl potenti appli tier manufactur aei trato util custom signific buyer bargain power exercis bid process major util enel ngc edf main german electr util region util exercis consider buyer power virtual demand hv ehv cabl stem custom group purchas larg volum power cabl account signific share pirelli bicc turnov enel repres italian demand hv ehv power cabl repres bicc pirelli sale power cabl util itali ngc repres bicc sale unit kingdom import share bicc commun wide sale direct eec public undertak contract entiti oblig regularli publish offici journal european union contract intend award month obligatori call competit publish contract award notic inter alia product concern award procedur tender receiv address success supplier procedur contract entiti requir ensur discrimin supplier servic provid contract entiti establish system qualif supplier european standard refer criteria qualif system made interest supplier contract entiti requir certif attest conform supplier qualiti assur standard relev en standard seri recognis equival certif bodi establish member state exist bid market automat ensur effect competit highli concentr market applic impact public procur direct examin individu case hv ehv power cabl market tender place infrequ individu contract signific contract typic award singl success bidder call quot winner quot principl strong incent exist competitor bid aggress contract conclus summari insuffici evid conclud oper result creation domin posit pirelli bicc market suppli hv ehv power cabl commun remain tier competitor credibl bidder demand side domin larg sophist custom purchas power cabl bid process creation collect domin posit pirelli bicc alcatel hv ehv market hv ehv market lead firm pirelli bicc alcatel achiev combin market share consider lead pirelli bicc alcatel largest competitor high degre exist market concentr creation collect domin posit pirelli bicc alcatel hv ehv market priori exclud collect domin posit exploit bid aggress competit condit tacitli divid market geograph line tradit home market market investig reveal underli transact structur hv ehv market foster consciou parallel behaviour bid transact hv ehv market place infrequ gener hv ehv contract year countri smaller countri individu contract signific contract typic award singl success bidder winner principl strong incent exist competitor bid aggress contact bid structur infrequ high contract prevail hv ehv market make consciou parallel behaviour unattract benefit win current contract outweigh potenti futur gain collus addit benefit collus strategi asymmetr individu tender size competitor respect tradit geograph stronghold vari significantli addit pirelli bicc alcatel exist market share asymmetr price hv ehv power cabl transpar includ import element servic instal mainten accessori joint switch civil work amount third total project inter urban underground cabl link final larg util main custom hv ehv power cabl typic purchas larg quantiti member state singl monopoli grid oper account hv ehv purchas virtu substanti purchas power custom possibl activ develop suppli sourc strateg alloc order select cabl produc smaller manufactur encourag submit bid provid offer suffici quantiti viabl price justifi invest conclus conclus evid found oper lead creation collect domin pirelli bicc alcatel hv ehv market market structur lend consciou parallel behaviour bidder custom expect exercis consider buyer power creation collect domin posit pirelli bicc alcatel lv mv market lv mv power cabl pirelli bicc largest firm alcatel account market pirelli bicc alcatel collect market leader distanc largest competitor market investig provid evid support creation collect domin posit pirelli bicc alcatel suppli lv mv power cabl compar hv ehv pirelli bicc alcatel market share symmetr combin market share lower barrier entri lv mv market lower hv ehv product intens lv mv market pirelli bicc main competitor includ larg manufactur alcatel nkt draka sagem brugg addit number smaller firm fulgor waskonig aei trato carena triveneta activ limit geograph product market competit pressur lv mv market exercis remain tier manufactur larg number tier firm tier manufactur mention recit typic hold establish market posit supplier region util member bid consortia nation grid oper custom state hitherto tier manufactur elig lv mv contract price exist supplier rise exist larg competit fring appear pirelli bicc alcatel combin market share impos price increas lv mv market contrast tender hv ehv power cabl lv mv transact tend place frequent averag batch lower lower averag batch higher frequenc bid occas individu supplier tempt abstain aggress bid risk declin price retali rival supplier commiss inquiri present case conclud util possibl thwart attempt consciou parallel behaviour bidder custom framework contract aggreg util demand period time year creat frequent valuabl transact order increas bidder incent compet aggress addit util frequent quot bid alloc quot process exercis gradual pressur larg supplier reduc alloc offer higher alloc smaller tier player reduc exist supplier volum pressur exert supplier signific fix cost base strategi emploi enel itali larg util custom result market investig price transpar lv mv product low due absenc meaning list price vari custom defin product specif collus strategi complic final lv mv power cabl purchas number smaller region util activ distribut electr limit buyer power compar nation grid oper balanc abil sourc cabl requir larg number fring firm addit tier manufactur smaller firm trato carena triveneta itali aei unit kingdom cover smaller quantiti demand region util conclus risk transact creat posit oligopolist domin pirelli bicc alcatel market lv mv power cabl appear small low barrier entri larg competit fring lead firm asymmetr market share low price transpar vi conclus combin pirelli bicc activ unit kingdom itali remov weaken significantli main competitor concentr market merg entiti lead cabl manufactur eea level oper continu restructur process cabl industri trigger gradual liberalis electr sector led cabl supplier exit market siemen kwo kabel delta high level market concentr commiss carefulli evalu impact oper context ongo structur chang electr industri consolid market leader view extrem critic present case commiss found conclus evid merger creat strengthen domin posit pirelli bicc oligopolist domin posit pirelli bicc alcatel market lv mv hv ehv power cabl commun result competit significantli imped common market propos transact suffici number credibl european bidder left maintain price competit level demand characteris larg sophist custom substanti buyer power enabl encourag market entri strateg contract alloc view fact fewer tier competitor addit number tier manufactur continu exist oper continu particip supplier call tender constitut competit process relev market consider scope custom structur bid process conduc effect competit accept propos transact creat strengthen domin posit result effect competit significantli imped substanti part common market transact declar compat common market pursuant articl merger regul eea agreement pursuant articl thereof adopt decis articl oper pirelli cavi sistemi spa acquir control part busi bicc gener declar compat common market function eea agreement articl decis address pirelli cavi sistemi spa vial sarca milano brussel juli commiss mario monti member commiss oj correct version oj oj oj except intellectu properti right own bicc gener pyrotenax cabl limit turnov calcul accord articl merger regul commiss notic calcul turnov oj extent figur includ turnov period januari calcul basi averag ecu exchang rate translat eur basi part text edit ensur confidenti inform disclos part enclos squar bracket mark asterisk case iv pirelli siemen paragraph oj voltag level mention commonli voltag level level custom price differenti lv mv cabl amount approxim mv hv approxim oj product hv ehv cabl standard cleanli higher requir produc adapt product process base similar consider studi power cabl conductor databank cavi conduttori isolati june refer istat codic appli distinct high technolog power cabl cavi ad alta tecnologia standard power cabl cavi conduttori standard hv power cabl amp gt kv ehv power cabl kv belong group lv mv power cabl case iv aeg alcatel kabel oj case iv pirelli siemen oj util supplier report number specif reduc futur due increas effici reduc product cost compet claus entiti bicc price comparison conduct hollow basi strip fluctuat copper price oj oj nkt minor presenc finland belgium trade statist cru due higher product ehv hv power cabl transport cost lower lv mv power cabl custom transport cost repres barrier entri import low ad lv mv cabl europ account approxim product period mainten requir hv ehv voltag power cabl figur notif joint ventur aei supplier domest product capac necessarili domest own europ approxim kv line kv line kv line underground cabl includ decis bundeskartellamt break power cabl cartel germani germani larg cabl cartel broken result price hv ehv cabl drop past year lv mv rate recov low wake collaps cabl cartel enel edf intern guidelin tend supplier power cabl voltag rang german util custom tend supplier cabl type hv ehv rang safeti reason bicc remain facil spain portug appli contract estim eur