| Decision 686/2019 | |
|---|---|
| File (PDF) | Decision 686/2019 |
| Date of Publication of Decision | May 20th, 2019 |
| Issue Number of Government Bulletin | 4257/Β'/20.11.2019 |
| Relevant Market | Importation and distribution of standard quality spare parts for vehicles |
| Proceedings | Merger |
| Legal Framework | Phase I (Article 8(3) of the Greek Competition Act 3959/2011) |
| Decision | Clearance |
| Acquiring Company | AUTOHELLAS TOURIST AND TRADING SOCIETE ANONYME |
| Target Company | ELTREKKA S.A. |
| Summary of Decision | The Chamber of the Hellenic Competition Commission in an open vote, unanimously cleared, pursuant to Article 8(3) of the Greek Competition Act 3959/2011, the concentration which concerns the transition of the ownership of ELTREKKA S.A. from joint to sole, through the acquisition of 85.81% of its shares by AUTOHELLAS S.A., since the transaction does not raise any doubts as to its compatibility with merger control rules in the relevant markets, even though it falls within the scope of Article 6(1) of the Greek Competition Act 3959/2011. |
| Judicial Means | Final. Decision has not been appealed |
| Decisions by the Court of Appeal of Athens (Administrative Division) | - |
