13. 1. 93 Official Journal of the European Communities No L 7/13 COMMISSION COMMISSION DECISION of 30 September 1992 declaring the compatibility of a concentration with the common market (Case No IV/M214 — Du Pont/ICI) (Only the English text is authentic) (93/9/EEC) THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, Having regard to Council Regulation (EEC) No 4064/89 of 21 December 1989 on the control of concentrations between undertakings (*), and in particular Article 8 (2) thereof, ' Having regard to the Commission Decision of 3 June 1992 () to initiate proceedings in this case, Having given the undertakings concerned the opportunity to make known their views on the objections raised by the Commission, ' Having regard to the opinion of the Advisory Committee on Concentrations (%), Whereas : I. BACKGROUND The nature of the proceedings (1)  These proceedings concern the proposed acquisi- tion of the worldwide nylon operations of Imperial Chemical Industries plc (ICI) by EI du Pont de Nemours and Company (Du Pont) which was noti- fied on 30 April 1992 pursuant to Article 4 of (") OJ No L 395, 30. 12. 1989, p. 1 ; corrected version : O] No L 257, 21. 9. 1990, p. 13. ) OJ No C 144, 6. 6. 1992, p. 10. () OJ No C 8, 13. 1. 1993, p. 2. @ &) “ ©) (6) Council Regulation (EEC) No 4064/89 (the ‘Merger Regulation’). On 20 May 1992 the Commission decided to continue the suspension of the concentration pursuant to Article 7 (2) of the Merger Regulation, and on 3 June 1992 the Commission- initiated proceedings in this case pursuant to Article 6 (1) () of that Regulation. The parties Du Pont is a US-based group with worldwide activ- ities in particular in the chemical and petroleum industries. In 1991, the worldwide sales of Du Pont were around ECU 31 billion, of which around 30 % were accounted for by sales of polymers and fibres. The overall turnover of Du Pont in the Community in 1991 was around ECU 9 billion. ICI is a UK based group with international activ- ities in particular in chemical and related indus- tries. In 1991 the worldwide sales of ICI were around ECU 18 billion, of which nylon accounted for around ECU 800 million. II. THE CONCENTRATION The acquisition of the nylon business of ICI by Du Pont is a concentration within the meaning of Article 3 (1) of the Merger Regulation. III. COMMUNITY DIMENSION The aggregate worldwide turnover of Du Pont and of the nylon business of ICI which is the subject of the transaction exceeded ECU § billion in 1991.