Discussion List Archives

[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

ICSTI: EU clears Bertlesmann-Springer acquisition.

  • To: Multiple recipients of list <epc-l@iucr.org>
  • Subject: ICSTI: EU clears Bertlesmann-Springer acquisition.
  • From: Pete Strickland <ps@iucr.org>
  • Date: Fri, 1 Aug 2003 08:50:27 +0100 (BST)

----------  Forwarded Message  ----------

From: Barry Mahon <mahons1@EIRCOM.NET>
Subject: EU clears Bertlesmann-Springer acquisition.
Precedence: list
X-UIDL: Rae"!9LB"!ep0"!5gU"!
Status: R 
X-Status: N

Conditional clearance for acquisition of joint control by Candover and 
Cinven of
German publisher BertelsmannSpringer

The European Commission has authorised the acquisition of joint 
control by the
investment companies Candover and Cinven of the German based academic
and professional publisher BertelsmannSpringer. The transaction will 
lead to a
combination of BertelsmannSpringer and the Dutch publisher Kluwer 
Publishers acquired by Candover and Cinven in 2002. It will also 
BertelmannSpringer's business with the French professional publisher
MediMedia, co-controlled by Cinven. The Commission found that the 
would raise competition concerns in the market for professional 
publishing in France. Candover and Cinven successfully resolved these 
by offering commitments.

Both BertelsmannSpringer and Kluwer Academic Publishers are active in 
global market for academic publishing with a special focus on 
scientific, technical
and medical (“STM”) journals, nearly exclusively published in English 
This market deals with the access to the latest developments in 
research. It exhibits some specific features: A main feature is the 
“must have”
characteristic of certain journals. Universities depend on the 
information provided
in such journals and cannot afford to cancel subscriptions without 
loosing access
to the most recent issues discussed in the academic community. A 
further feature
of the market are considerable annual price rises for more than a 

The combined BertelsmannSpringer and Kluwer Academic Publishers will 
be the
number two player in the market - lagging far behind the market leader 
Science. Given the heterogeneity of journals and books published in 
scientific disciplines and the heterogeneous nature of these books and 
even if published within a discipline, the Commission found no 
indications for a
collective dominant position of Elsevier Science and the new entity 
resulting from
the merger.

BertelsmannSpringer and MediMedia are both active in the French and 
markets for professional medical publishing. These markets comprise
newspapers, magazines, drug directories mainly addressed to doctors 
financed by advertising. Whereas the transaction did not raise 
concerns for the German market, the Commission's investigation showed 
that the
operation would lead to a dominant position on the French market. 
Candover and
Cinven removed these competition concerns by offering to divest
BertelsmannSpringer's French business in the market for professional 
publishing, known under the name “Groupe Impact Médicine”.



Best wishes

Peter Strickland
Managing Editor
IUCr Journals

IUCr Editorial Office, 5 Abbey Square, Chester CH1 2HU, England
Phone: 44 1244 342878   Fax: 44 1244 314888   Email: ps@iucr.org
Ftp: ftp.iucr.org   WWW: http://journals.iucr.org/

NEWSFLASH: Complete text of all IUCr journals back to 1948 
now online! Visit Crystallography Journals Online for more details

Reply to: [list | sender only]
International Union of Crystallography

Scientific Union Member of the International Council for Science (admitted 1947). Member of CODATA, the ICSU Committee on Data. Member of ICSTI, the International Council for Scientific and Technical Information. Partner with UNESCO, the United Nations Educational, Scientific and Cultural Organization in the International Year of Crystallography 2014.

ICSU Scientific Freedom Policy

The IUCr observes the basic policy of non-discrimination and affirms the right and freedom of scientists to associate in international scientific activity without regard to such factors as ethnic origin, religion, citizenship, language, political stance, gender, sex or age, in accordance with the Statutes of the International Council for Science.