| Decision 572/2013 | |
|---|---|
| File (PDF) | Decision 572/2013 |
| Date of Issuance of Decision |
August 2nd, 2013 |
| Government Gazette Issue No | |
| Relevant Market |
Supermarket Items |
| Subject of the Decision |
Merger |
| Legal Framework |
Phase Ι (Article 8 par. 3 of L. 3959/2011) |
| Operative part of the Decision |
Clearance |
|
Acquiring company(ies) |
I. & S. SKLAVENITIS SA. |
|
Target company (ies) |
DOUKAS S.A. |
| Summary of Decision |
The competent Chamber of the Hellenic Competition Commission (HCC), with its no. 572/VII/2013 unanimous decision, approved, pursuant to article 8 par. 3 of L. 3959/2011, the notified merger resulting from the transfer to “I. & S. SKLAVENITIS SA.” of part of the corporate activity of the company “DOUKAS S.A.” (via the signature by the first, as a lessee, of four lease/rental agreements on real estate formerly rented by the second, the acquisition by the first of the assets of the second and the payment of compensation for the intangible commercial value created by the second. By its Decision, the Hellenic Competition Commission considered that the notified concentration, which refers primarily to the retail sector of supermarkets, does not raise serious doubts as to its compatibility with the competition rules in the relevant markets concerned. |
| Judicial Means |
Final. No appeal. |
| Decisions by the Court of Appeal of Athens (Administrative Division) |
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