Bundeskartellamt Green-Lights JD.com's Acquisition of Ceconomy
The Federal Cartel Office has no competition law concerns regarding a takeover of MediaMarkt/Saturn parent company Ceconomy by Chinese company JD.com. Concerning potential security policy aspects are subjekt to review by the Federal Ministry for Economic Affairs and Energy.
MediaMarktSaturn is focusing on various store concepts in Germany. The “Tech Village Berlin” on Alexanderplatz was reopened in 2022 as a "lighthouse market".MediaMarktSaturn
In the summer, Chinese retailer JD.com made a public offer for Ceconomy, the parent company of electronics retailers MediaMarkt and Saturn, one of the few remaining brick-and-mortar retailers for computer and video games in Germany and once the number one in Germany when it comes to game sales.
In the summer, Chinese retailer JD.com made a public offer for Ceconomy, the parent company of electronics retailers MediaMarkt and Saturn, one of the few remaining brick-and-mortar retailers for computer and video games in Germany and once the number one in Germany when it comes to game sales.
