| Decision 623/2016 | |
|---|---|
| File (PDF) | Decision 623/2016 |
| Date of Publication of Decision | January 21st, 2016 |
| Issue Number of Government Bulletin | |
| Relevant Market | Supermarkets |
| Proceedings | Merger |
| Legal Framework | Phase I (Article 8 par. 3 of the Greek Competition Act 3959/2011) |
| Decision | Clearance |
| Acquiring Company | METRO S.A. |
| Target Company | VEROPOULOI BROTHERS S.A. |
| Summary of Decision |
The Hellenic Competition Commission in plenary session, unanimously cleared the concentration which concerns the acquisition of VEROPOULOI BROTHERS S.A. by METRO S.A. The Commission decided that the concentration, which primarily concerns the supermarkets sector, does not give rise to any serious 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) | - |
Thursday, 21 January 2016
Decision 623/2016
Decision on the proposed acquisition of the company VEROPOULOI BROTHERS S.A. by METRO S.A., granting the latter sole control over the former's business activities in Greece.
Tagged under