| Decision 684/2019 | |
|---|---|
| File (PDF) | Decision 684/2019 |
| Date of Publication of Decision | May 9th, 2019 |
| Issue Number of Government Bulletin | Β/759/10.03.2020 |
| Relevant Market | Production, distribution and sale of seeds – materials for plant propagation and production |
| Proceedings | Merger |
| Legal Framework | Phase I (Article 8(3) of the Greek Competition Act 3959/2011) |
| Decision | Clearance |
| Acquiring Company | PIONEER SEED HOLDING ΝEDERLAND B.V |
| Summary of Decision | The Chamber of the Hellenic Competition Commission, unanimously cleared, pursuant to Article 8(3) of the Greek Competition Act 3959/2011, the concentration which concerns the transition of ownership of the company PIONEER HI-BRED HELLAS S.A. from joint to sole, through the acquisition of the remaining shares by current shareholder PIONEER SEED HOLDING NEDERLAND B.V., a subsidiary of the DowDuPont conglomerate. The Commission decided that this transaction, which concerns the wider market of production, distribution and sale of seeds – materials for plant propagation and production 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) | - |
