Monday, 06 May 2019 18:34

Decision 683/2019

Decision on the proposed acquisition of MESSINIA TOURIST BUSINESSES S.A. by IONIKI HOTELS AND BUSINESSES S.A., granting the latter sole control over the former. 

Decision 683/2019
File (PDF) Decision 683/2019
Date of Publication of Decision May 6th, 2019
Issue Number of Government Bulletin Β/897/17.03.2020
Relevant Market Hotel Services
Proceedings Merger
Legal Framework Article 8 par. 3 of the Greek Competition Act 3959/2011 
Decision Clearance 
Acquiring Company MESSINIA TOURIST BUSINESSES S.A. (T.E.M.E.S.)
Summary of Decision  The Chamber of the Hellenic Competition Commission unanimously cleared, pursuant to Article 8(3) of the Greek Competition Act 3959/2011, the concentration concerning the acquisition of sole control over MESSINIA TOURIST BUSINESSES S.A. by IONIKI HOTELS AND BUSINESSES S.A., since the concentration, while falling within the scope of Article 6(1) of the Greek Competition Act 3959/2011, does not raise any doubts as to its compatibility with merger control rules in the relevant market.
Judicial Means Final. Decision has not been appealed
Decisions by the Court of Appeal of Athens (Administrative Division) -
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