On 15 January 2007, the European Commission (“Commission”) gave its approval to the proposed acquisition by Ingman Foods of Arla. Ingman is a Finnish-based company supplying dairy products such as milk, cream, yogurt and cheese, primarily in its national market. By acquiring Arla, Ingman will extend its dairy business into areas where Arla currently has its dairy operations, namely Denmark, Sweden and the UK. Although the parties have overlapping activities in terms of production, they do not currently compete in terms of geographic scope. The Commission’s investigation indicated that the merged company would continue to face stiff competition from other European dairy companies.