Decision 586/2014 | |
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File (PDF) | Decision 586/2014 |
Date of Publication of Decision | February 10th, 2014 |
Issue Number of Government Bulletin | |
Relevant Market |
Retail Sale of Food and Consumables (Supermarkets) |
Subject of the Decision |
Merger |
Legal Framework |
Article 9 par. 1 L. 3959/2011 |
Operative part of the Decision |
No fine was imposed |
Notifying company/ies |
MARINOPOULOS GENERAL TRADE SA |
Controlled |
OK ANYTIME SUPPLY MARKET SA |
Summary of Decision |
The competent chamber of the HCC, with its decision no. 586/2014 regarding the possible prior realization of the concentration which concerned the increase from 34% to 51% of the participation of the company MARINOPOULOS GENERAL TRADE SA in the share capital of the company under the name OK ANYTIME SUPPLY MARKET SA, which has been cleared with HCC Decision No. 552 / VII / 2012, in violation of article 9 par. 1 of law 3959/2011, decided not to impose a fine on the company MARINOPOULOS GENERAL TRADE SA, as well as on the natural persons-members of the family […], who had the obligation to notify the merger, for the following reasons:
Based on the above, the element of fault is not sufficiently established by law, and therefore the conditions for the application of the provision of article 9 par. 1 of law 3959/2011 are not met, even if it was decided that there was an early realization, and the HCC considers that no fine should be imposed. |
Judicial Means | Final. No judicial proceedings. |
Decisions by the Court of Appeal of Athens (Administrative Division) | - |