Thursday, 31 October 2019 13:17

Decision 693/2019

Clearance by the Hellenic Competition Commission of the concentration concerning the acquisition of joint control by “OPAP SA”, “Deep Investments Ltd” and “Padian Ltd” over the Greek and Cypriot activities of “GML Interactive Limited”, according to Article 6 of Law 3959/2011.

Decision 693/2019
File (PDF) Decision 693/2019
Date of Publication of Decision October 31st, 2019
Issue Number of Government Bulletin 265/ Β΄/27.1.2021
Relevant Market(s)

1.     Online sports betting

2.     Sports games requiring specialised knowledge

3.     Landline lottery market  

4.     Traditional landline lottery

5.     State lottery

6.     (Landline) Horse-race betting

7.     Online horse-race betting

8.     Virtual betting 

9.     Video Lottery Terminals (VLTs) (landline)

10.  Online casino-style gaming with the exception of poker games

11.  Online poker games 

12.  Organisation and conduct of horse-races

13.  Broadcasting rights for horse-racing events 

14.  E-vouchers distribution and resale

15.  Online payments 

16.  Providing advertising space on the Internet

17.  Radio advertising  

18.  Promotion/sports marketing  

19.   Provision of cyber security services and risk management systems for sports betting

Subject of the Decision Clearance of the concentration concerning the acquisition of joint control by “OPAP SA”, “Deep Investments Ltd” and “Padian Ltd” over the Greek and Cypriot activities of “GML Interactive Limited”, according to Article 6 of Law 3959/2011. 
Legal Framework Articles 5 to 10 of L. 3959/2011
Operative part of the Decision By its unanimous decision, the Plenary of the Hellenic Competition Commission approved, pursuant to Art. 8(3) of Greek Law 3959/2011, the proposed transaction notified according to Articles 5 to 10 of L. 3959/2011 concerning the acquisition of joint control by “OPAP SA”, “Deep Investments Ltd” and “Padian Ltd” over the Greek and Cypriot online gaming activities of “GML”, deciding that the notified transaction does not raise serious doubts as to its compatibility with merger control rules in the relevant markets concerned by the concentration.
Acquiring Companies

1. “OPAP SA”

2. «Deep Investments Ltd»

3. «Padian Ltd»

Target Companies GML Interactive Limited
Summary of Decision

The Competition Commission, taking into account the analysis of the facts of the case file in relation to the structure of the markets concerned by the merger and the views of the competitors of the parties in the market concerned, decides, pursuant to Articles 3 (3) of Law 3592/2007 and 8 par. 3 of Law 3959/2011, that the notified transaction, falling within the scope of par. 1 of Article 6 of L. 3959/2011, does not raise serious doubts as to its compatibility with merger control rules in the relevant markets concerned by the concentration.  

Judicial Means -
Decisions by the Court of Appeal of Athens(Administrative Division) -
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