The French Competition Authority approves the acquisition of Flowbird by EasyPark with A&O Shearman advising

Following an examination of the effects of the transaction on the markets concerned, the Autorité has cleared the acquisition without condition, in a decision of November 20, 2024.

The Autorité concluded that the transaction would not result in any anti-competitive effects within the mobile parking payment solutions market and ruled out any risk of market foreclosure.

Florence Ninane, partner at A&O Shearman in France, comments: "The approval without condition by the Autorité, concerning a market it analyzed for the first time and whose operational modalities have been thoroughly examined, demonstrates our ability to support companies in complex sectors, particularly in the digital sector.”

The A&O Shearman team was composed of partner Florence Ninane, counsel Roxane Hicheri and senior associate Clémence d'Almeida on competition law aspects, as well as partner Claire Toumieux on employment law aspects.