• Τhe market for the provision of non-hazardous solid waste management services
• Τhe market for the provision of non-hazardous liquid waste management services
• Τhe market for the construction of waste management facilities
• Τhe market for the construction of electricity generation plants
• Τhe electricity generation and wholesale supply market
• The market for the supply of electricity at the retail level

Clearance decision on the notified concentration under ref. no. 11684/23.12.2022, pursuant to articles 5-10 of Law 3959/2011, concerning the acquisition by the company under the name “MOTOR OIL (HELLAS) CORINTH REFINERY S.A.” (hereinafter referred to as “MOH”) of sole control over the company under the name “THALIS ENVIRONMENTAL SERVICES S.A.” (hereinafter referred to as “THALIS”), within the meaning of Article 5 (2) (b) of Law 3959/2011.

Article 6 of Law 3959/2011

Operative part of the Decision

The Hellenic Competition Commission, in Chamber, unanimously approved, under article 8(3) of Law 3959/2011, the notified concentration concerning the acquisition by the company under the name “MOTOR OIL (HELLAS) CORINTH REFINERY S.A.” of sole control over the company under the name “THALIS ENVIRONMENTAL SERVICES S.A.”, within the meaning of article 5(2)(b) of Law 3959/2011 as, although falling within the scope of article 6(1) of the Greek Law 3959/2011, it does not raise serious concerns as to its compatibility with competition rules in the individual markets concerned.

1. “MOTOR OIL (HELLAS) CORINTH REFINERY S.A.”

2. “THALIS ENVIRONMENTAL SERVICES S.A.”

In this concentration, there are no affected markets at a horizontal and/or vertical level as the criteria relating to a) the activity of at least two (2) of the participating companies and the 15% aggregate market share threshold (as regards horizontal markets) or b) the activity of at least one of the participating companies and the 25% aggregate market share threshold (as regards vertical markets) are not cumulatively met in any of the relevant markets concerned. In this respect, according to the evidence in the case file, the concentration is not expected to give rise to any conglomerate effects.

Considering the limited activity of the parties to the concentration in the relevant markets concerned, so that no concern of creating or strengthening an individual dominant position is given rise, as well as the absence of affected markets at a horizontal and/or vertical level, there is no need to further assess the effects of this concentration in terms of competition in the relevant markets concerned.