LUXEMBOURG (Reuters) - French supermarket groups Casino. And Intermarche on Monday won a partial victory in their fight against an EU antitrust raid and demand for information into a buying alliance after Europe's second-top court said regulators failed to prove wrongdoing. The European Commission, the bloc’s antitrust authority, said it is concerned that Casino Guichard-Perrachon SA CO, -1.14% (CO.FR) and Les Mousquetaires-owned Intermarche went beyond the purpose of. Casino and Intermarche announced in 2014 a purchasing alliance in France that was dissolved last year when Casino and France's Auchan sealed a global buying deal. BRUSSELS/PARIS (Reuters) - French supermarket groups Casino and Intermarche are being investigated by EU antitrust inspectors, the companies said on Wednesday, after EU regulators said they were.

BRUSSELS (Reuters) – EU antitrust regulators on Monday opened an investigation into Casino (PA:) and Intermarche’s purchasing alliance on concerns that the two French supermarkets may be colluding in breach of the bloc’s competition rules.

The move by the European Commission followed dawn raids of the supermarkets in February and May this year.

Casino and Intermarche announced in 2014 a purchasing alliance in France that was dissolved last year when Casino and France’s Auchan sealed a global buying deal.

“The Commission is concerned that Casino and Intermarche went beyond the purpose of their alliance and engaged in an anticompetitive conduct,” the EU competition enforcer said.

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Antitrust/Cartels

40466 Alliance Casino & Intermarché

Economic Activity:

G.47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating G.46.3 - Wholesale of food, beverages and tobacco

Events:

Date Document Type Document 04.11.2019 Press Release Commission opens investigation into possible collusion by two French retailers in a purchasing alliance - Antitrust__Commission_opens_investigation_into_possible_collusion_by_two_French_retailers_in_a_purchasing_alliance: en 04.11.2019 Opening of Proceedings en Published on 06.11.2019 22.05.2019 Press Release Commission confirms unannounced inspections in the grocery retail sector in France: Multilingual These publications are for information purposes only and should not be considered as an official publication

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