commiss decis septemb declar compat concentr common market case iv du pont ici english text authent eec commiss european commun regard treati establish european econom commun regard council regul eec decemb control concentr undertak articl thereof regard commiss decis june initi proceed case undertak concern opportun make view object rais commiss regard opinion advisori committe concentr background natur proceed proceed concern propos acquisit worldwid nylon oper imperi chemic industri plc ici du pont de nemour compani du pont notifi april pursuant articl council regul eec merger regul commiss decid continu suspens concentr pursuant articl merger regul june commiss initi proceed case pursuant articl regul parti du pont base group worldwid activ chemic petroleum industri worldwid sale du pont ecu billion account sale polym fibr turnov du pont commun ecu billion ici uk base group intern activ chemic relat industri worldwid sale ici ecu billion nylon account ecu million ii concentr acquisit nylon busi ici du pont concentr mean articl merger regul iii commun dimens aggreg worldwid turnov du pont nylon busi ici subject transact exceed ecu billion du pont ici nylon busi commun wide turnov ecu million achiev third commun wide turnov member state concentr commun dimens mean articl merger regul iv assess pursuant articl merger regul structur nylon industri nylon polyamid creat success chemic process basic step obtain nylon fibr step involv product raw materi caprolactam call nylon process nylon salt hexamethylen diamin adip call nylon process caprolactam nylon salt produc chain involv transform mix intermedi import nylon specif intermedi nylon adiponitril adn hexamethylen diamin hmd step involv polymer form long molecular chain raw materi produc past molten polym cool cut chip polym granul step involv melt chip extrus molten polym filament yarn bulk continu filament yarn bcf stapl fibr compani particip industri level product chain compani particip level integr compani europ integr compani ici du pont french compani rhône poulenc larg petro chemic facil petro chemic compani german compani basf activ step product chain produc caprolactam nylon salt polymer compani activ step product chain polymer fibr product compani italian produc snia radici aquafil bui requir caprolactam nylon salt group compani manufactur fibr bui polym compani specialist nich small compani produc commod fibr group compani produc textil fibr european carpet manufactur beaulieu world largest carpet manufactur produc nylon fibr capabl produc entir rang nylon fibr requir fast growth nylon fibr lower growth rate europ demand nylon grow year decad expect continu level decad lowest growth rate expect north america highest growth rate asia pacif region whilst europ expect growth european nylon industri time character overcapac nylon fibr product level impact profit player relev product market propos concentr direct impact end applic nylon fibr end nylon fibr distinguish applic result relev market type nylon fibr produc major group end applic nylon fibr fibr textil applic fibr floor cover carpet fibr industri applic du pont ici activ competitor commun fibr carpet industri yarn ici addit present textil applic du pont lead supplier neighbour market elastan fibr lycra product commun ici turnov ecu million nylon textil fibr ecu million nylon carpet fibr ecu million industri fibr du pont turnov ecu million nylon carpet fibr ecu million industri fibr du pont neglig sale nylon textil fibr commun product nylon sale du pont ici commun account industri engin resin du pont ecu million ici ecu million du pont worldwid nylon revenu ecu million ecu million western europ fibr major end applic belong distinct market nylon polym manufactur nylon fibr essenti physic properti weight thick soft durabl tenac vari significantli group fibr depend end intend exempl nylon carpet fibr textil apparel applic textil yarn typic industri applic illustr differ rang typic nylon fibr decitex depend intend end textil fibr carpet fibr industri fibr addit vari decitex nylon polym modifi depend intend applic provid special fibr properti differ decitex kei fibr properti requir end fibr manufactur equip decid case relev product market nylon fibr textil applic specif textil applic horizont overlap du pont ici product acquisit du pont ici nylon fibr textil activ lead creation strengthen domin posit result effect competit significantli imped common market substanti part similarli creation strengthen domin posit nylon fibr industri applic left open relev product market nylon fibr industri end nylon fibr carpet relev product market compris nylon fibr carpet type nylon fibr compet market ici turnov commun market repres worldwid nylon turnov fibr carpet manufactur polypropylen wool polyest acryl regard carpet manufactur interchang substitut signific extent nylon carpet fibr reason characterist price intend manufactur process appear nylon fibr produc nylon rout nylon rout larg substitut carpet manufactur nylon nylon chemic form nylon manufactur process raw materi manufactur gener produc du pont ici produc nylon princip differ characterist type nylon temperatur resist surfac smooth stretch recoveri extent low temperatur dyeabil carpet manufactur concern characterist signific technic point view end applic slight differ price type nylon fibr nylon carpet fibr expens nylon carpet fibr switch cost chang aris dye system fibr type consid carpet industri substitut signific extent nylon nylon fibr type fibr manufactur carpet stapl fibr bulk continu filament bcf fibr filament yarn produc infinit length melt spin sold wound packag carpet manufactur stapl fibr produc basic melt spin process filament cut short length bale dispatch carpet stapl fibr spun yarn form addit process step carri specialist spin compani carpet manufactur price compar bcf spun stapl fibr essenti simpler initi product process stapl fibr sold fibr produc spinner price gener cheaper bcf fibr bcf fibr readi carpet manufactur sold directli experi built year instal equip led carpet manufactur prefer bcf stapl fibr import differ bcf stapl declin time technic improv led greater uniform bcf yarn todai carpet type made bcf stapl remain type carpet solid shade velour bcf fulli compet stapl due lack uniform stapl prefer consid reason set carpet manufactur nylon stapl fibr bcf belong relev product market du pont state notif polypropylen carpet fibr consid substitut nylon carpet fibr commiss investig show carpet manufactur signific substitut nylon carpet fibr polypropylen carpet fibr main reason nylon carpet fibr deriv distinct inher characterist vi vi fibr give specif advantag manufactur term process final consum term perform signific distinct characterist nylon fibr dyeabil appear retent excel resili abras resist safe flammabl unlik polypropylen fibr nylon carpet fibr dy print process carpet manufactur larg run undi carpet produc dy requir respons custom demand lead high flexibl effici product stock distribut dyeabil nylon carpet fibr print colour manufactur give unlimit pattern choic advantag relev product tuft carpet wide produc form carpet colour design import paramet carpet manufactur differenti product dyeabil characterist nylon fibr major implic busi carpet manufactur enabl manufactur determin ad colour print main mean product differenti manufactur ad colour print stage product higher tuft carpet construct stage simpl plain colour tuft carpet dye cost third higher tuft cost du pont estim pattern introduc signific ad stage complic plain dye effici stock distribut cost result dyeabil characterist nylon carpet fibr aris possibl stock undi white fibr oppos hundr potenti colour variant possibl stock undi carpet dy print order oppos entir rang carpet sale enabl manufactur react quickli time specif order incur high stock cost leaner distribut short lead time polypropylen carpet fibr capabl pre dy form colour ad molten polym fibr product fibr produc accept colour process chemic make specif characterist nylon fibr determin appear wearabl final product account nylon fibr higher qualiti carpet signific perform appear requir nylon carpet fibr balanc properti nylon fibr consid carpet manufactur perform cost ratio carpet fibr medium high price rang carpet excel abras resist resili good appear retent nylon carpet gener wear longer polypropylen carpet contract market import applic hard wear carpet conform flammabl standard characterist nylon fibr compar polypropylen fibr respect make nylon fibr prefer fibr contract commun carpet manufactur respond commiss enquiri date state nylon carpet fibr substitut polypropylen carpet fibr limit extent manufactur remain unclear signific number manufactur contact produc nylon polypropylen carpet manufactur type fibr state fibr gear specif part carpet market view specif characterist nylon fibr inter alia contract market print carpet polypropylen fibr low end residenti market overwhelm major carpet manufactur contact feasibl substitut current anticip nylon fibr polypropylen fibr reason cite includ polypropylen fibr permit manufactur cover adequ rang carpet market polypropylen fibr loss segment highest ad achiev high capit invest dye print facil recov machineri polypropylen fibr dyeabl higher product cost aris loss manufactur flexibl nylon produc undi form colour print order achiev signific product effici imposs polypropylen fibr higher stock cost aris dyeabil characterist polypropylen fibr pre dy complet rang colour stock carpet manufactur contact state technic difficulti replac current nylon fibr polypropylen fibr state involv consider chang current product profil carpet manufactur gener switch nylon polypropylen fibr reaction signific suppli condit fibr product regard substitut direct custom realist ration possibl react signific increas price product switch product short period time product reason altern econom technic term context industri custom make object evalu altern input present case carpet manufactur switch short period time stapl nylon fibr nylon bcf fibr nylon rout fibr nylon rout contrast switch back nylon polypropylen fibr larg price differ nylon fibr polypropylen fibr gener typic averag nylon fibr cost typic polypropylen fibr polypropylen nylon fibr price ratio base data ratio price gap nylon fibr remain wide fibr carpet manufactur cost fibr gener account factori price carpet manufactur fibr cost signific carpet manufactur fact nylon fibr displac polypropylen fibr explain substitut fibr aris specif characterist polypropylen fibr earli expect ration replac nylon fibr polypropylen fibr place signific extent confirm detail analysi histor develop fibr carpet manufactur twenti year polypropylen fibr grown total carpet fibr expand carpet market contrast nylon fibr account total carpet fibr earli increas declin share nylon subsequ share nylon remain stabl declin period volum tonn total fibr gt tabl gt carpet fibr grew substanti year period nylon fibr wide fibr grew tonn earli tonn period share nylon fibr total fibr stabl volum nylon fibr grew tonn year polypropylen fibr erod share fibr carpet develop slow onward expect trend carpet fibr observ period continu forese futur estim parti show polypropylen fibr grow rate year whilst nylon fibr grow year signific substitut nylon fibr polypropylen fibr expect gener price develop commun nylon fibr polypropylen fibr carpet year check indic polypropylen fibr price signific influenc nylon fibr price polypropylen fibr price carpet fallen nomin term year nylon fibr price carpet increas nomin term period period share nylon fibr total carpet fibr usag remain larg constant figur signific posit cross price elast nylon polypropylen fibr carpet analysi compar price develop nylon polypropylen carpet fibr price base averag price main fibr produc nylon carpet fibr polypropylen carpet fibr differenti product homogen product analysi result precis measur cross price elast averag price depend extent product mix sold figur show tendenc object calcul reflect dynam competit nylon carpet fibr polypropylen carpet fibr type fibr continu chang improv product mix time comparison price develop reflect dynam relev geograph market consid relev geograph market nylon carpet fibr commun commun carpet manufactur concentr belgium germani uk netherland franc nylon carpet fibr produc base germani du pont ici akzo uk ici franc rhône poulenc northern itali snia radici aquafil carpet manufactur bui fibr produc sell commun du pont ici sell carpet fibr member state carpet product fibr supplier sell carpet manufactur signific carpet produc member state account commun nylon carpet fibr consumpt hand evid show market wider commun low import neglig export mutual inter penetr commun area north america east signific chang export import pattern decad indic chang foresee futur main reason low inter penetr close relationship requir fibr manufactur custom aris necess secur suppli fibr carpet manufactur close work relationship fibr manufactur carpet manufactur develop specif fibr carpet addit transport cost oversea shipment import duti commun structur nylon market decad signific entri commun nylon industri nylon fibr market period exit consolid industri continu nylon fibr carpet competitor market share competitor nylon carpet fibr market indic market share term sale commun year gt tabl posit gt market product differenti term price qualiti method calcul market share base volum high item correct weight rel low item calcul base volum reflect real market posit player relev assess market power incorrect includ captiv product market share calcul quantiti market present case carpet manufactur bui nylon carpet fibr backward integr carpet manufactur beaulieu beaulieu captiv product exclud figur total commun nylon carpet fibr market ecu million impact concentr posit du pont concentr acquir ici nylon busi du pont increas market share ec base figur competitor rhône poulenc snia competitor smaller year du pont market share declin ici exclud declin market share continu concentr du pont ici lead compani term qualiti product technolog develop research programm ici develop largest select carpet yarn fibr world offer carpet manufactur enorm varieti decitex lustr cross section dye variant ici du pont incorpor technic support mainstream develop activ recogn industri work manufactur wholesal retail greater extent competitor technic collabor involv inter alia joint develop fibr carpet examin product method carpet level research develop du pont ici nylon industri averag du pont spend sale product develop work technic servic assist custom product enhanc differenti du pont ici pursu strategi sell high premium fibr sell commod fibr main competitor industri market brand level retail final consum countri wide advertis campaign ici du pont closest competitor compani sell wide varieti differenti product ici du pont sourc competit qualiti product innov past du pont ici integr nylon fibr produc cover manufactur step claim produc nylon fibr base chemic end fibr basi du pont figur integr produc competit advantag acquir ici du pont sourc adip acid requir intern improv du pont cost base du pont lowest cost produc world scale product proprietari rout nylon butadien cheapest strength du pont nylon carpet fibr market commun propos concentr assess context du pont global posit nylon industri du pont world largest chemic compani nylon facil du pont region world reli larg base research develop activ du pont strong competitor commun nylon carpet fibr market strengthen acquisit ici nylon busi posit competitor signific competitor du pont ici nylon carpet fibr market date rhône poulenc rhône poulenc italian subsidiari fiat snia recent enter agreement combin nylon carpet fibr activ joint ventur compani compani consid agreement attain size enabl competet market combin product rang rhône poulenc snia larg du pont ici larg rhône poulenc snia past carri limit product develop research rhône poulenc snia strategi focus futur growth higher segment market joint ventur arrang provid improv sale base exploit develop rhône poulenc snia busi justifi higher level invest past partner consider time significantli broaden exist product rang rhône poulenc fulli integr produc nylon fibr base butadien rout cheapest rhône poulenc produc adiponitril requir joint ventur du pont signific adiponitril nylon chain indic cooper rhône poulenc du pont influenc signific extent competit behaviour rhône poulenc vi vi du pont signific competitor present commun nylon carpet fibr market italian compani aquafil grown significantli year market share increas year larg proport sale high qualiti fibr italian compani radici supplier commod fibr sale market share grow year dutch compani akzo commun largest chemic compani special sell high qualiti fine nylon yarn top end market maintain market share segment import penetr larg nylon produc alli signal market indic larg nylon produc intend export product commun forese futur gener term competitor present cover rang fibr suppli du pont ici short medium term competitor develop significantli broader rang high qualiti fibr board rang fibr du pont und ici offer built long time result research develop justifi larg sale base compani product differenti kei element competit market exist develop larg varieti nylon fibr import commun carpet manufactur factor enabl turn differenti product success commun carpet manufactur medium high end carpet market depend abil offer broad rang product posit custom custom european carpet manufactur group larg compani largest compani beaulieu base belgium turnov ecu billion carpet manufactur commun rang ecu million ecu million turnov retail figur eleven manufactur rang ecu million ecu million remain carpet manufactur small medium size compani extent carpet manufactur choos fibr make carpet collect manufactur commit fibr carpet life collect cost launch carpet rang involv design product distribut sampl book outlet promot signific expens carpet manufactur carpet manufactur introduc rang carpet rang life year construct carpet made regard technic properti attribut fibr fibr carpet manufactur produc carpet sold accord sampl book choic fibr supplier signific carpet manufactur manufactur follow strategi multipl suppli expect continu propos concentr manufactur interest depend supplier time manufactur bui fibr du pont ici incent shift demand supplier parti submit carpet manufactur option integr backward nylon fibr product potenti sourc buyer leverag commun beaulieu itc carpet manufactur integr backward nylon fibr product beaulieu largest european carpet manufactur commun carpet manufactur larger produc decid instal captiv fibr product facil belgian balta itc group product facil instal run full capac carpet manufactur contact current plan instal fibr product facil possibl exclud medium long term indirect competit pressur fibr retail level du pont achiev propos acquisit strong posit market nylon carpet fibr nonetheless indirect competit pressur du pont nylon fibr produc aris retail price carpet made fibr polypropylen fibr residenti custom difficult distinguish polypropylen carpet nylon carpet consum make bui decis carpet basi main criteria price colour design intend qualiti price import factor gener price carpet gener vari enorm identifi price categori nylon polypropylen carpet sold vari extent member state polypropylen carpet sold lowest price categori categori cheapest nylon carpet medium price categori carpet sold nylon carpet polypropylen carpet make inroad higher price categori polypropylen carpet sold past direct competit polypropylen carpet nylon carpet main segment carpet market degre overlap retail level result signific indirect competit pressur price carpet fibr indirect pressur amount signific constraint competit behaviour nylon fibr supplier effect propos concentr nylon carpet fibr market commun nylon carpet fibr market time competit price competit competit regard qualiti innov result propos acquisit ici nylon busi du pont strongest player commun nylon carpet fibr market true posit remain competitor possibl carpet manufactur switch supplier time signific indirect competit pressur polypropylen carpet retail level amount constraint du pont freedom action strengthen du pont commun nylon carpet fibr market lead consider reduct competit regard competit product develop product differenti result continu innov drive forc market competit product develop du pont ici past import sourc innov commun reason assum posit du pont enabl act independ competitor custom du pont recogn commiss concern respect order meet concern du pont modifi origin concentr plan enter undertak vi vi commiss du pont undertak practic complet notifi transact event dai complet notifi transact du pont step enter good faith negoti interest parti regard arrang conclud arrang practic complet notifi transact period extend agreement commiss du pont reserv capac produc tonn annum nylon stapl fibr repres cross section ici current product rang benefit independ parti ensur improv competit parti supplier nylon fibr carpet produc du pont manufactur tonn annum nylon stapl fibr parti period year renew select candid product sourc facil suit meet parti requir fee paid fibr product base polym price formula fibr convers fee agre du pont parti fee base pai principl common similar manufactur arrang du pont term condit agre du pont parti agre transfer parti free stand carpet research develop facil compar term qualiti exist oestringen geneva busi transfer facil staf compet technic personnel half ici oestringen facil locat chosen parti du pont term condit agre du pont parti reason step encourag relev ici personnel employ parti du pont term condit agre du pont parti reason step encourag compet sale personnel familiar busi transfer employ parti du pont term condit agre du pont parti licens exclus assign select parti ici quot timbrel quot trademark disput du pont select parti aris implement undertak submit independ arbitr mutual agre du pont parti undertak account commiss assess effect propos concentr undertak immedi enabl parti replac ici partial supplier high qualiti fibr transfer equival exist stapl fibr product ici main nylon carpet fibr facil oestringen germani parti maintain build posit segment market closest du pont term qualiti research develop facil develop support expertis transfer significantli improv competit parti product rang futur product develop undertak substanti reduc likelihood du pont determin degre product develop innov market conclus propos concentr amend inclus undertak creat domin posit ec nylon carpet fibr market result effect competit significantli imped common market mean articl merger regul adopt decis articl propos acquisit du pont ici nylon busi declar compat common market articl decis subject oblig du pont fulfil undertak enter vi vi commisison articl decis address du pont de nemour compani cleari gottlieb steen amp hamilton rue de la loi brussel brussel septemb commiss leon brittan vice presid precis figur delet total product commun tonn capac estim tonn rate util capac similar produc precis figur delet precis figur delet precis figur delet busi secret delet precis time delet precis figur delet half