| Decision 652/2017 | |
|---|---|
| File (PDF) | Decision 652/2017 |
| Date of Publication of Decision | November 23rd, 2017 |
| Issue Number of Government Bulletin | |
| Relevant Market | Television |
| Proceedings | Merger |
| Legal Framework |
Phase I (Article 8 par. 3 of the Greek Competition Act 3959/2011) Fine for failure to give notice (Article 9 par. 1 of the Greek Competition Act 3959/2011) |
| Decision | Clearance. Imposes fine for failure to give notice |
| Acquiring Company | DIMERA MEDIA INVESTMENTS LTD |
| Target Company | RADIOTILEOPTIKI S.A. |
| Summary of Decision |
The Hellenic Competition Commission in plenary session cleared, pursuant to Article 8(3) of the Greek Competition Act 3959/2011, the concentration which concerns the acquisition of RADIOTILEOPTIKI S.A., which is active in the media sector in Greece and runs the nationally televised channel “Epsilon TV”, by DIMERA MEDIA INVESTMENTS LTD. The Commission decided that the concentration, while falling within the scope of Article 6(1) of the Greek Competition Act 3959/2011 and Article 3 of Greek Law 3592/2007, does not satisfy the requirements in Article 3(3), which means that the acquiring company will not, on the back of the transaction in question, have a dominant position in the market and will not significantly limit competition. |
| Judicial Means | Final. Decision has not been appealed |
| Decisions by the Court of Appeal of Athens (Administrative Division) | - |
