Siemens AG
1. Title of report: The General Electric Company plc, Siemens AG and The Plessey Company plc (MMC - Cm 676)
2. Date of report: 10 April 1989 Published: 21 April 1989
3. Orders: N/A
4. Date of original undertakings: Press release: 2 August 1989
5. Companies giving undertakings: Siemens AG
6. Details of undertakings: Behavioural undertakings
(i) Not to hinder GEC from complying with its undertaking to enter into licence agreements with companies designated by the Secretary of State for Defence, so as to make available to such companies access to all intellectual property rights and technical assistance necessary to enable them to compete effectively in the manufacture and supply of equipment for the UK Joint Tactical Information Distribution System.
(ii) To procure that the following directors shall be British Citizens:
(a) all executive directors and the majority of the non-executive directors of members, divisions or other business entities within the Plessey or GEC Siemens groups incorporated or established in the United Kingdom and which undertake government work subject to 'Standard Conditions of Governmental Contracts No: 59 - Security Measures';
(b) all directors of the companies and divisions and business entities listed in Schedule 5 of the agreement between (1) the Secretary of State for Defence, (2) GEC, (3) Siemens AG, and (4) GEC Siemens (the Agreement).
(iii) To procure that the Articles of Association of the companies referred to in paragraph (ii) above are amended so as to make it mandatory that such directors shall be British Citizens.
(iv) To comply fully in all respects with the terms of the Agreement.
(v) To procure that no information designated with a confidential or higher security classification is made available to any person not authorised by the Secretary of State for Defence to receive such information.
7. Date of amendments: N/A
8. SIC code: 32.10 (Electronic components)
32.20/2 (Military communications)
33.20/1 (Avionics, naval systems, radar, traffic control equipment)
Back to: Mergers undertakings
- OFT telephone enquiries:08457 22 44 99
- Consumer Direct telephone enquiries:08454 04 05 06