ntr164-C_202401645EN.000101-E0164
(164) Examples of longer reference periods due to lumpy demand can be found in tender markets. See, for example, case M.7278 General Electric/Alstom (Thermal Power – Renewable Power & Grid Business), paragraphs 420-422, where market shares were calculated for a five and ten year period. In case M.8677 Siemens/Alstom, paragraph 141, a ten year reference period was used, while in cases M.9343 Hyundai Heavy Industries Holdings / Daewoo Shipbuilding & Marine Engineering, paragraphs 362ff, and M.10078 Cargotec/Konecranes, paragraph 533, an eleven-year reference period was used, split into several sub-periods. Several years’ of data for shorter reference periods (namely seasons) have for instance been used in airline cases; see, for example, case M.8869 Ryanair/Laudamotion, paragraph 304.
Source: EUR-Lex (Cellar) · retrieved 2026-09-25 · Text as adopted (Official Journal); later amendments are not incorporated in this text.