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96/222/EC: Commission Decision of 14 November 1995 declaring a concentration to be compatible with the common market and the functioning of the EEA Agreement (Case No IV/M.603 - Crown Cork & Seal/CarnaudMetalbox) (Only the English text is authentic) (Text with EEA relevance)

96/222/EC: Commission Decision of 14 November 1995 declaring a concentration to be compatible with the common market and the functioning of the EEA Agreement (Case No IV/M.603 - Crown Cork & Seal/CarnaudMetalbox) (Only the English text is authentic) (Text with EEA relevance)

Decision · 2 articles

Data as of 2026-07-04 · Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

Article 1

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Subject to the full compliance with all conditions and obligations contained in Crown Cork & Seal's commitment vis-à-vis the Commission as set forth in paragraph 115 above, the concentration notified by Crown Cork & Seal on 23 June 1995 relating to the acquisition of CarnaudMetalbox is declared compatible with the common market and the functioning of the EEA Agreement.

Article 2

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This Decision is addressed to: Crown Cork & Seal9300 Ashton Road Philadelphia, PA 19136 USA. Done at Brussels, 14 November 1995. For the Commission Karel VAN MIERT Member of the Commission (1) OJ No L 395, 30. 12. 1989, p. 1. Corringedum Corrigendum: OJ No L 257, 21. 9. 1990, p. 13. (2) OJ No C 86, 23. 3. 1996, p. 3. (3) Figure deleted: confidential information. (4) Figure deleted: confidential information. (5) Figure deleted: confidential information. (6) Figure deleted: confidential information. (7) Precise figure not disclosed: business secret. (8) Precise figure not disclosed: business secret. (9) Figures deleted: confidential information. (10) Name and figure deleted: confidential information. (11) Precise time period not disclosed: business secret. (12) Deleted: confidential information. (13) Figure deleted: business secret. (14) Precise figure not disclosed: business secret. (15) Precise figure not disclosed: business secret. (16) Precise figure not disclosed, confidential information of Schmalbach. (17) Figure deleted: confidential information. (18) Figure deleted: confidential information. (19) Figure deleted: confidential information. (20) Figure deleted: confidential information. (21) Deleted: confidential information. (22) Name deleted: confidential information. (23) Figure deleted: confidential information. (24) Name deleted: confidential information. (25) Name deleted: confidential information. (26) Name deleted: confidential information. (27) Precise figure not disclosed: business secret. (28) Precise figure not disclosed: business secret. (29) Precise figure not disclosed: confidential information of Pechiney. (30) Precise figure not disclosed: confidential information of Schmalbach. (31) Precise figure not disclosed: confidential information of Ferembal. (32) Precise figures not disclosed: confidential information of Lawson Mardon and Massily. (33) Precise figure not disclosed: business secret. (34) Precise figure not disclosed: business secret. (35) Precise figure not disclosed: business secret. (36) Precise figure not disclosed: business secret. (37) Precise figure not disclosed: business secret. (38) Precise figure not disclosed: business secret. (39) Due to the both the decline in prices in Europe and currency moves, the average market price difference between the USA and western Europe has declined markedly during the last years. In 1992, USA average prices stood some 13 % below those in the European Union (EU). In 1994 they stood at less than 1 %. When comparing the prices obtained by the largest customers in both areas (including Crown in the USA and CMB in Europe), the price difference is somewhat larger (in the range of [

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