1,2) The horizontal overlap
is called as overjet while the vertical overlap is termed overbite.
The EC has concluded that the horizontal overlap
between the operations of BNP Paribas and FCF was negligible.
According to the European Commission, horizontal overlap
between the activities of BNP Paribas and FCF was limited.
The main horizontal overlap
created by the transaction concerns the market for the wholesale of traditional office supplies in Spain.
The EU executive noted that the horizontal overlap
in the parties' activities on the Spanish market for the generation and wholesale distribution of electricity was limited.
According to the Commission, the horizontal overlap
of the parent companies' activities and those of the joint venture is very limited, occurring only on markets for the production and supply of bioethanol and the production of non-grain food ingredients that are a co-product of bioethanol.
Consequently, the Commission stated, the operation would generate only a very limited horizontal overlap
, which would not pose competition problems.
While the transaction may result in a horizontal overlap
on the market for hotel accommodation in the UK, the Commission's examination showed that this overlap between the parties' activities is limited and that a large number of competitors are active on the market.
There are no horizontal overlaps
between the sheets eliminating the subsequent wastage and galvanic rust between the overlaps.
The transaction will create horizontal overlaps
primarily in the United Kingdom and France, since Saria is the market leader in the UK, but it will increase Saria's presence only to a limited extent.
The EU executive examined horizontal overlaps
in the activity of the renting of specialised vessels to the offshore industry and a potential vertical relation between this activity and the downstream market for engineering, procurement, construction and installation of offshore facilities.
After examining the operation, the Commission concluded that the merged entity will continue to face several strong and effective competitors in the market and that there are few horizontal overlaps
between the activities of RWA and OMV Warme in the distribution of motor fuels and of heating oils.