Merger of SPX and APV

The Competition Authority has been reviewing the merger between SPX Corporation and APV. In the opinion of the Competition Authority, the merger is subject to merger control under Article 17 of the Act, as the turnover thresholds of the provision are met. However, the Competition Authority's investigations do not indicate that the merger will harm competition. In light of this, the Authority considers that there is no reason to take further action regarding the merger under section 17 of the Competition Act.