Purchase deal by an American corporation Seagate divisions Samsung, which is engaged in the production of hard drives, is approved by the European Commission. The deal was announced in April this year, its amount was 1.4 billion US dollars.
Market share Seagate subsequently the transaction is upgraded to 40%, the company's main competitors are western digital и Hitachi. The commission's findings confirmed that the deal will not affect effective competition in the European Economic Area, although it will lead to further market concentration.
The approval of the deal was mainly due to the fact that it will primarily affect the 3.5-inch desktop and 2.5-inch mobile hard drive markets, where Samsung is not a strong competitor. This means that the buyer has a wide choice of suppliers and the ability to change them if desired.