Retail market for consumer (supermarket) goods (distribution market), supply market, wholesale market for supermarket goods, TV information media market and radio non-information media market.

Merger

Phase Ι (Article 8 (3) L. 3959/2011)

Operative part of the Decision

Clearance

DIAMANTIS MASOUTIS S.A. – SUPERMARKETS

By its Decision no. 776/2022, adopted on Tuesday, May 10th, 2022, the Hellenic Competition Commission (HCC), in plenary, unanimously approved, pursuant to Art. 8(3) of Greek Law 3959/2011, the proposed transaction notified on 4/3/2022, concerning the acquisition by MASOUTIS of sole and joint control, as applicable, over SYN.KA CRETE’s operations in the wholesale and retail supply of consumer (supermarket) goods, consisting, inter alia, in the acquisition of retail and wholesale stores of consumer (supermarket) goods, holdings in undertakings, contractual relationships, real estate and other assets. In addition, MASOUTIS will acquire joint control with SYN.KA CRETE over two local radio and television stations in Crete.

In the above decision, the HCC held that the proposed concentration, which concerns the retail market for consumer (supermarket) goods, the supply market, the wholesale market for consumer (supermarket) goods, the TV information media market and the radio non-information media market, does not raise any serious concerns as to its compatibility with competition rules in the individual markets concerned thereby.