Decision 664/2018 | |
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File (PDF) | Decision 664/2018 |
Date of Publication of Decision | July 25th, 2018 |
Issue Number of Government Bulletin | |
Relevant market | Supermarket |
Proceedings | Merger |
Legal Framework | Phase II (Article 8 par. 6 and 8) |
Decision | Amendment of Commitments |
Acquiring Company | SKLAVENITIS S.A. |
Target Company | MARINOPOULOS |
Summary of Decision |
The Hellenic Competition Commission, in plenary session on 25th July 2018, unanimously decided upon a request by SKLAVENITIS S.A. to amend the commitments, which had been adopted through Decision 637/2017, as follows: A. Waives the commitments with regards to divestiture of the shops at the following addresses:
B. Imposes on SKLAVENITIS S.A. the duty to, within four (4) months of the publication of the decision to a) cease operation of the shops at Fleming 16, Agios Ioannis, Renti, Attica and Agia Varvara 102, Palaio Faliro and imposes the commitment not to rerun these shops or open new ones within the local market, for a time period of three (3) years and b) to inform the Commission about the cessation of operation of these shops and to provide the relevant evidence. The decision to waive the divestiture commitments with regards to the aforementioned twelve (12) shops of the SKLAVENITIS conglomerate in the local markets, was taken because upon re-inspection of the market conditions in the relevant regions it was concluded that the probability of creation of a dominant position is limited, and that sufficient competitive pressure has been created by other companies active in the same regional markets. However, with regards to the markets in the regions of Agios Ioannis Rentis (18233) and Palaio Faliro (17563) the cessation of operations of the shops constitutes the best and most effective measure for the removal once and for all of the concerns regarding local competition. The remaining commitments included in Decision 637/2017 continue to be in force. |
Judicial Means | Final. Decision has not been appealed |
Decisions by the Court of Appeal of Athens (Administrative Division) | - |