The European Commission gave the green light this Friday to CMA CGM's acquisition of Bolloré Logistics.
But it calls for corrective measures to be taken to avoid a reduction in competition in the maritime transit service markets in Martinique, Guadeloupe and French Guiana.
“CMA CGM could have the capacity to favor Bolloré Logistics to the detriment of competing freight forwarders, particularly given the very high market shares it holds on these overseas routes and the competitive structures of these territories, and it could be encouraged to act in this way,”
observes the Commission.
Brussels is proposing that all of Bolloré Logistics' activities in Guadeloupe, Martinique, Saint-Martin and French Guiana be sold, and several assets linked to these activities in mainland France.