| Decision 735/2021 | |
|---|---|
| File (PDF) | Decision 735/2021 |
| Date of Publication of Decision | May 14th, 2021 |
| Issue Number of Government Bulletin | |
| Relevant Market | Production and supply of electricity at the a) wholesale and b) retail level |
| Subject of the Decision | Merger |
| Legal Framework | Phase Ι(Article 8(3) of the Greek Competition Act 3959/2011) |
| Decision |
Clearance |
| Company(ies) concerned |
TEFORTO HOLDINGS LIMITED AIOLIKO PARKO AETOS ENERGY SA,” “AIOLIKI HELLAS INDUSTRIAL & ENERGY SA”, “AIOLIKO PARKO KATO LAKOMATA ANONYMI ENERGEIAKI ETAIRIA”, “VIOTIA AIOLOS PRODUCTION AND EXPLOITATION OF ENERGY SA”, “ANEMOS MAKEDONIAS ANONYMI ENERGEIAKI ETAIRIA” and “AIOLOS ANAPTIKSIA`KI KAI SIA FTHIOTIDA SA” |
| Summary of Decision | By its unanimous Decision, the Chamber of the Hellenic Competition Commission approved, pursuant to Art. 8(3) of Greek Law 3959/2011, the proposed transaction notified on 31/3/2021, concerning the acquisition of sole control by “TEFORTO HOLDINGS LIMITED” (a subsidiary MOTOR OIL GROUP) over the companies a) “AIOLIKO PARKO AETOS ENERGY SA,” b) “AIOLIKI HELLAS INDUSTRIAL & ENERGY SA”, c) “AIOLIKO PARKO KATO LAKOMATA ANONYMI ENERGEIAKI ETAIRIA”, d) “VIOTIA AIOLOS PRODUCTION AND EXPLOITATION OF ENERGY SA”, e) “ANEMOS MAKEDONIAS ANONYMI ENERGEIAKI ETAIRIA” and f) “AIOLOS ANAPTIKSIAKI KAI SIA FTHIOTIDA SA”, as the proposed transaction, while falling within the scope of Art. 6(1) of Greek Law 3959/2011, does not raise any serious doubts as to its compatibility with the competition rules in the relevant markets involved. |
| Judicial Means | - |
| Decisions by the Court of Appeal of Athens (Administrative Division) | - |
