| Decision 707/2020 | |
|---|---|
| File (PDF) | Decision 707/2020 |
| Date of Publication of Decision | March 27th, 2020 |
| Issue Number of Government Bulletin | 2812/Β/13.7.2020 |
| Relevant Market | The market for the supply of freight forwarding services, the market for the supply of rail freight transport services and the market for the supply of container liner shipping services |
| Proceedings | Merger |
| Legal Framework | Phase I (Article 8(3) of the Greek Competition Act 3959/2011) |
| Decision | Clearance |
| Acquiring Company | «OCEAN RAIL LOGISTICS S.A.» (OCEAN) (part of COSCO group) and A. Panagopoulos |
| Target Company | Piraeus Europe Asia Rail Logistics Limited (PEARL Ltd) |
| Summary of Decision | The Hellenic Competition Commission, approved the proposed concentration, which was notified on 6/12/2019, since it does not raise any serious doubts as to its compatibility with the competition rules in the relevant markets involved.. |
| Judicial Means | Final. Decision has not been appealed |
| Decisions by the Court of Appeal of Athens(Administrative Division) | - |
Tuesday, 31 March 2020
Decision 707/2020
Decision on the concentration between «OCEAN RAIL LOGISTICS S.A.» (OCEAN) (part of COSCO group) and A. Panagopoulos acquiring joint control over «PIRAEUS EUROPE ASIA RAIL LOGISTICS LIMITED» (PEARL Ltd).