# Commission Decision of 11 November 2003 declaring a concentration compatible with the common market and the EEA Agreement (Case COMP/M.2621 — SEB/Moulinex) (notified under document number C(2003) 4157) (Only the French text is authentic) (Text with EEA relevance) (2005/408/EC), Division (47)

Extent: E+W+S+N.I.

On those three markets, Moulinex’s positions declined considerably between 2000 and 2002. Its market shares fell from [5-15] %* to less than 5 %, or indeed zero where Moulinex withdrew from the market (informal meal appliances). Consequently, although SEB has not inconsiderable market shares ([30-35] % in the case of steam cookers, [25-35] % in the case of deep fryers and [10-15] % in the case of informal meal appliances), these will not be strengthened by the merger. SEB is faced on each of these markets with competitors holding must-have brands, while the merger would not give it any additional must-have brands. New market entrants have also appeared on these markets, including the market in steam cookers: Russell Hobbs, Hinari and Magimix. These brands directly achieved sales in excess of Moulinex’s sales in 2000. On the market in deep fryers, an analysis by price quartile confirmed the conclusions drawn on the overall market: on the lowest quartiles, the presence of distributors’ own brands became firmer.

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Source: https://www.legislation.gov.uk/eudn/2005/408/division/7/3/10/5 (the official version)
Page: https://openlegislation.uk/eu-decision-2005-408/division-7/3/10/5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.