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 |