Friday, 02 August 2013 00:00

Decision 572/2013

Decision on the prior notification of a concentration, pursuant to Article 6 par.1 of L. 3959/2011, as in force, regarding the merger of the companies “I. & S. SKLAVENITIS SA.” and “DOUKAS S.A.”  by the signature by the first, as a lessee, of four lease/rental agreements on real estate formerly rented by the second, the acquisition by the first of the assets of the second and the payment of compensation for the intangible commercial value created by the second.

Decision 572/2013
File (PDF) Decision 572/2013
Date of Issuance of Decision

August 2nd, 2013

Government Gazette Issue No
Relevant Market

Supermarket Items

Subject of the Decision

Merger

Legal Framework

Phase Ι (Article 8 par. 3 of L. 3959/2011)

Operative part of the Decision

Clearance

Acquiring company(ies)

I. & S. SKLAVENITIS SA.

Target company (ies)

DOUKAS S.A.

Summary of Decision

The competent Chamber of the Hellenic Competition Commission (HCC), with its no. 572/VII/2013 unanimous decision, approved, pursuant to article 8 par. 3 of L. 3959/2011, the notified merger resulting from the transfer to “I. & S. SKLAVENITIS SA.” of part of the corporate activity of the company “DOUKAS S.A.” (via the signature by the first, as a lessee, of four lease/rental agreements on real estate formerly rented by the second, the acquisition by the first of the assets of the second and the payment of compensation for the intangible commercial value created by the second.

By its Decision, the Hellenic Competition Commission considered that the notified concentration, which refers primarily to the retail sector of supermarkets, does not raise serious doubts as to its compatibility with the competition rules in the relevant markets concerned. 

Judicial Means

Final. No appeal.

Decisions by the Court of Appeal of Athens (Administrative Division)

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