The European Commission has approved under the EU Merger Regulation the pro- posed acquisition of Shell’s Danish retail and wholesale fuels business, Dansk Fuels, by Alimentation Couche-Tard of Canada, which operates in Denmark under the Statoil brand via its subsidiary Statoil Fuel and Retail (“SFR”) The decision is conditional upon an extensive commitments package including the divestment of over 200 petrol stations and Shell’s commercial fuels business. The European Commission had concerns that the merger as initially notified could have led to higher prices for fuel, diesel, gasoline and light heating oil customers in Denmark. The commitments offered by the companies address these concerns. The Commission’s investigation focused on the Danish petrol station market (retail) and the wholesale markets of various refined oil products, where both Dansk Fuels and Statoil Fuel and Retail are active.
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