Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

SECTION 1.2

Description of the concentration

1.On 18 May 2018, Mitsubishi UFJ Financial Group, Inc. (“MUFG HD”) and Akamai Technologies, Inc. (“Akamai”) agreed to jointly commercialize a newly developed payment processing platform in Japan.

2.MUFG HD is a listed Japanese bank holding company for entities such as MUFG Bank, Ltd. (formerly, The Bank of Tokyo-Mitsubishi UFJ, Ltd.), Mitsubishi UFJ Trust and Banking Corporation, Mitsubishi UFJ Securities Holdings Co. Ltd., Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., or MUMSS, Mitsubishi UFJ NICOS Co., Ltd., and other companies engaged in a wide range of financial businesses.

3.Akamai is a listed US company that provides cloud services for delivering, optimizing and securing content and business applications over the Internet.

4.The JV will initially offer customers in Japan a new blockchain-based online payment network enabling next generation payment transaction scale and responsiveness.

Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË

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