Proposed Acquisition by ADB BVBA of Safegate International AB

Competition Law Case Proposed Acquisition by ADB BVBA of Safegate International AB
Parties Involved
  • ADB BVA
  • Safegate International AB
Focus of Commitments/ Remedies To address the concerns that the merged entity may: (1) increase prices significantly post-merger; (2) reduce the supply of spare parts and technical support to customers; (3) “lock in” party contractors and suppliers in Singapore using exclusive agreements; or (4) retroactively terminate or jeopardise agreements that have been concluded pre-merger.
Start Date of Commitments/ Remedies 23 February 2016
End Date of Commitments/ Remedies Pricing Commitment
For New Products – 22 February 2020

Pricing Commitment
For Spare Parts for Existing Products – 22 February 2026

Pricing Commitment
For Spare Parts for New Products – 10 years from the date of delivery of each New Product

Supply of Spare Parts - 22 February 2026

Not to enter into any agreements with any contractor or supplier in Singapore which prevent contractors or suppliers from carrying, promoting or offering alternative competing products and services
– 22 February 2020

Ensure that any contracts or agreements relating to the sale of specific products entered into between ADB, Safegate or another party and an airport operator in Singapore continue in full force
– No end date specified