The proposed merger of Avnet and Abacus has been cleared by the European Commission (Commission). The takeover would mean that Avnet would be one of the leading players in the European Union for the distribution of semi-conductors. However, as Abacus has a very small market share, the merger would not have a significant effect upon the market structure. Further, the Commission was satisfied that there are enough distributors in the market that would be able to hinder any anticompetitive behaviour of the combined company.