| Decision 530/2011 | |
|---|---|
| File (PDF) | Decision 530/2011 |
| Date of Issuance of Decision |
November 11th, 2011 |
| Government Gazette Issue No | |
| Relevant Market |
Mass media |
| Subject of the Decision |
Implementation of a merger before clearance granted |
| Legal Framework |
Article 9 par.1 of L. 3959/2011 |
| Operative part of the Decision |
Imposition of a fine for putting into effect a concentration prior to clearance granted |
|
Acquiring company(ies) |
Neo Thema Publishing S.A. |
|
Target company(ies) |
MEDIA DEVELOPMENT S.A. |
| Summary of Decision |
By its Decision No 530/VΙ/2011, which refers to the ex-officio investigation of the Directorate-General for Competition, alleging an infringement of article 4e par.1 of L. 703/1977, as in force, for the early implementation of a concentration, regarding the acquisition of control over the company “MEDIA DEVELOPMENT S.A.” by the company “Neo Thema Publishing S.A” (for which decision no. 503/VI/2010 of the HCC was issue), the Hellenic Competition Commission imposed a fine totaling 30.000 € to the company “Neo Thema Publishing S.A” for the infringement of early implementation of the concentration, prior to clearance granted by the HCC. |
| Judicial Means |
Appeal. |
| Decisions by the Court of Appeal of Athens (Administrative Division) | |
