The European Commission authorised, on 31 August, the proposed merger between Abu Dhabi Mar (ADM) and ThyssenKrupp Marine Systems (TKMS). ADM builds and repairs ships in Abu Dhabi (United Arab Emirates) as well as in its Nobiskrug shipyard in Rendsburg (Germany). TKMS is also active in the construction, repair and reconstruction of both civil and naval ships. The concentration does not raise any competition concerns. It does not lead to any significant overlaps, the only relatively minor one being in the mega yacht market. In the markets for building naval ships, ADM is not active in Germany, Sweden and Greece, where TKMS traditionally has had strong positions. Furthermore, on the components markets, there is no risk of input foreclosure, notes the Commission.