Germany: Federal Cartel Office approved the acquisition of Ceconomy by JD

On 18 September 2025, the Federal Cartel Office approved JD's acquisition of Ceconomy, owner of MediaMarkt and Saturn. The decision centres on the online retail and e-commerce sector, where Ceconomy has a presence through its digital sales channels while JD, has so far had only limited activity in Germany. The authority found no significant overlap in online competition and noted that any security or foreign trade implications fall to the Federal Ministry for Economic Affairs and Energy.