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L'OREAL / YSL BEAUTE

M.5068

L'OREAL / YSL BEAUTEL'OREAL / YVES SAIN LAURENT BEAUTE
June 16, 2008
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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.

COMP/M.5068-L'OR…AL / YSL BeautÈ

SECTION 1.2

Description of the concentration

L'OrÈal est un groupe franÁais cotÈ sur Euronext Paris et actif dans la recherche, le dÈveloppement, la production, le marketing et la distribution de produits cosmÈtiques au niveau mondial.

Yves Saint Laurent BeautÈ regroupe les activitÈs du groupe PPR dans le secteur des parfums et des produits cosmÈtiques, y compris les produits de soin de la peau et de maquillage.

L'opÈration consiste en l'acquisition par L'OrÈal du contrÙle exclusif de Yves Saint Laurent BeautÈ, actuellement contrÙlÈ par le groupe PPR.

L'opÈration concerne le secteur des cosmÈtiques.

Au regard des faibles parts de marchÈ dÈtenues par Yves Saint Laurent BeautÈ sur les marchÈs affectÈs identifiÈs par L'OrÈal, l'OpÈration n'aura pas pour effet de restreindre significativement la concurrence.

EUC

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