Glossary entry (derived from question below)
English term
c.
Based on these elements and our analysis of the European Commission's (the "Commission") decisional practice in the cement industry over the 10 last years, during which it reviewed numerous transactions and prohibited or conditionally approved transactions subject to structural remedies, it is likely that the Commission would prohibit the Contemplated Transaction or conditionally approve it subject to significant divestments, on several potential grounds:
first, with a c. 47% combined market share at national level and between c. 53% and c. 99% combined market shares at regional level, a finding of individual dominance is likely on several local markets, which would lead to price increases, limited output and/or capacity (i.e., horizontal unilateral effects);
What does "c." mean here?
Mar 14, 2024 09:41: Toni Castano changed "Level" from "PRO" to "Non-PRO"
Mar 21, 2024 12:26: Dr Iris Dorreboom Created KOG entry
Non-PRO (3): Barbara Carrara, Chris Says Bye, Toni Castano
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Responses
circa
From the context, it appears that they are not absolutely certain about the percentages. The numbers used are approximate, thus: circa or c.
Hope this helps you in the right direction!
"c." stands for "circa". It's a Latin abbreviation meaning "approximately" or "around".
https://simple.wikipedia.org/wiki/Circa#:~:text=Circa is Lat...
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