The European Commission has cleared the acquisition of the Swedish company Maxit by the French group Saint Gobain, subject to commitments. The Commission’s investigation showed that the transaction created competition concerns in the area of gypsum products. Gyspum is a raw material used in the production of cement, ceramics and plaster. Specifically, the Commission found that the combination of the two companies would create monopolies, or near monopolies, in a number of national markets for gypsum. The Commission, however, decided to clear the transaction, following commitments offered by Saint Gobain to divest two gypsum producing subsidiaries of Maxit.