The Bundeskartellamt has approved an increase in the share of Dr. Ing. h.c. F. Porsche AG, Stuttgart, in Volkswagen AG, Wolfsburg, to 25.1 per cent of its ordinary stock. After Porsche already gained a competitively considerable influence on Volkswagen by acquiring 19 per cent of Volkswagen’s equity stock in the autumn of 2005, the plan to increase its share further to over 25 per cent fulfilled criteria for renewed examination under merger control. However, the activities of Porsche and Volkswagen only overlap one another in their sports cars and all-terrain vehicle business, without creating or strengthening a dominant position. The President of the Bundeskartellamt, Ulf Böge, stated: “The Bundeskartellamt has no competition concerns about the concentration and so has cleared the project.”