The Ministerial Authorization Requires an Overriding Public Interest

16 January 2016
Börsen-Zeitung, German corporate newspaper
Dr. Andrea Pomana was interviewed by Börsen-Zeitung on the intention of the German Minister of Economics to grant ministerial authorization in the merger between food retailers Edeka and Tengelmann – provided that Edeka secures 16,000 jobs at Tengelmann. Background: The intended ministerial authorization overrides the decision of the German Federal Cartel Office which prohibited the merger, and it ignores the recommendation by the German Monopolies Commission, an independent government advisory committee, not to grant ministerial approval under any circumstances.