![]() if the contract is subscribed without a trial installation, to the company having obtained the contract.".if the contract is subscribed following a trial installation, to the company having made the exhibition.Evidence of customer allocation: "In each country, a client will be attributed to the concerned Information provider or BvD according to the following criteria:.Any revision of the price will be done by an addendum to this contract or by exchange of mails accepted by the parties.", A steering committee was also set up to monitor price revisions and to ensure that the previously agreed rules were upheld.Īs an illustration of the anticompetitive object of these contracts, the FCA referred to the following provisions:Įvidence of price-fixing: "The parties undertake to sell Amadeus and Orbis at the prices defined in annex 2 and 3. These contracts were renewed on a regular basis since then. The two companies have developed specific and complementary skills, Ellisphere focusing on the collection of information on French companies while BvD developed software for data collection.Īs a result of their interrelated activities, Ellisphere and BvD entered into cooperation agreements as of 1989, by which they explicitly agreed on: (i) a common pricelist for the products they coedited and (ii) a customer allocation scheme. The other party involved in the collusive conduct, Bureau Van Dijk (" BvD"), was acquired by Moody's Corporation (" Moody's") in October 2017, which subsequently applied for leniency and was fully exempted from any financial penalty.īvD and Ellisphere are active in the economic intelligence sector and sell subscriptions to databases such as Diane, Astrée, Amadeus and Orbis providing business information about French and foreign companies (including financial data, information on the identity of administrators and managers, etc.). ![]() On 12 April 2023, the French Competition Authority (" FCA") fined Ellisphere, a company active in data collection and financial risk assessment, ?3.5 million for engaging in collusive practices for more than 30 years. In the past twenty years, we have seen that work placement systems are on the rise and being implemented faster.Ellisphere decision highlights benefits of French leniency regime 1 Symplicity did exactly this, with the bonus of getting the most trusted experiential learning solution for post-secondary institutions in Canada.Īs mentioned above, today more than ever, students need to develop job market skills in addition to their fundamental training to be ready for their careers. With little to no white space in this product category in Canada, acquiring competitors is the only way to increase market shares. Symplicity comes in second place with 10%. Orbis dominates the Canadian market in the work placement category, with over 85% of all market shares. Our database shows that almost all Orbis clients are Canadian. ![]() Improving work skills outside of the classroom is essential to students’ success in the job market. In these unprecedented times, tighter integration of higher education with career services will play a critical role. With Orbis’ solutions, connections were forged between more than 350,000 employers and one million students. Orbis can call 100 institutions its clients. While the acquirer is well-known for its student employability systems, the acquiree is Canada’s most trusted experiential learning solution.Īccording to the press release, Symplicity wanted to expand its footprint in Canada. ![]() In early December 2021, we learned that Symplicity Corporation acquired Orbis Communications.
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