| 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) | - |
Thursday, 31 October 2019
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.
Tagged under