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Engagements

Ex-ante assessment of a merger in the Italian insurance sector

Lear has assisted Assicurazioni Generali in the acquisition of Cattolica Assicurazioni. Lear has analysed the relevant geographic and product markets to identify affected markets according to the thresholds set by the European Commission in the horizontal mergers guidelines, and for those markets has analysed the competitive concerns that might arise from the concentration, showing that the level of dynamism in the markets should not give rise to any concern.