Thursday, 19 April 2018

Decision 656/2018

Decision on the proposed acquisition of CYTA HELLAS S.A. by the company VODAFONE S.A., granting the latter sole control over the former.  

Decision 656/2018
File (PDF) Decision 656/2018
Date of Publication of Decision April 19th, 2018
Issue Number of Government Bulletin  
Relevant Market  Telecommunications
Proceedings  Merger
Legal Framework Phase I (Article 8 par. 3 of the Greek Competition Act 3959/2011) 
Decision Clearance
Acquiring Company  VODAFONE
Target Company  CYTA HELLAS
Summary of Decision

The Chamber of the Hellenic Competition Commission unanimously cleared, pursuant to Article 8(3) of the Greek Competition Act 3959/2011, the concentration which concerns the acquisition of sole control over CYTA HELLAS by VODAFONE. The Commission decided that the concentration in question, while falling within the scope of Article 6(1) of the Greek Competition Act 3959/2011, does not raise any serious doubts as to its compatibility with merger control rules in the relevant market i.e. the sale of televised content (including broadcasting rights and the sale of subscription TV services).

The Commission decided that the provision of combined offers: a) landline telephone services, internet access within the eurozone and subscription TV, and b) landline telephone services, internet access within the eurozone, subscription TV and mobile telephone services, will be investigated by the National Telecommunications and Postal Services Commission, as part of the cooperative effort led by the two independent bodies, as provided for in the written provisions.

Judicial Means Final. Decision has not been appealed
Decisions by the Court of Appeal of Athens (Administrative Division) -
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