Tuesday, 18 February 2020 11:00

Decision 701/2020

Decision on the proposed acquisition of sole control, which was notified pursuant to Art. 6(1)-(3) of Greek Law 3959/2011, by the cooperative "Crete Consumer’s Supply Cooperative Limited Liability Partnership" over the companies "Galaxia Shops Dimitra Markets Limited Liability Company " and "Markato super markets Société Anonyme".

Decision 701/2020
File (PDF) Decision 701/2020
Date of Publication of Decision February 18th, 2020
Issue Number of Government Bulletin Β΄/4283/2.10.2020
Relevant Market

(a) retail distribution of supermarket items at the distribution level (i.e. the retail sale of everyday consumer goods through supermarkets, mini markets and discount stores), which geographically affects the prefectures of Chania, Lassithi, Heraklion and Rethymnon in Crete, as well as the islands of Paros, Naxos, Tinos, Syros, Milos, Santorini, Kalymnos, Chios and Corfu (b) Wholesale of supermarket items through cash carry shops and wholesalers, which, from a geographical point of view, occupies the entire Greek territory, (c) Supply of supermarket shops and cash carry, which, from a geographical point of view, occupies the entire Greek territory

Proceedings Merger
Legal Framework

Phase I (Article 8(3) of the Greek Competition Act 3959/2011)

Decision

Clearance

Acquiring Company "Crete Consumer’s Supply Cooperative Limited Liability Partnership"
Target Company  

"Galaxia Shops Dimitra Markets Limited Liability Company " and "Markato super markets Société Anonyme"

Summary of Decision

The Hellenic Competition Commission approved, pursuant to Art. 8(3) of Greek Law 3959/2011, the proposed transaction notified to it on 27/12/2019, which concerns the acquisition of sole control by the cooperative "Crete Consumer’s Supply Cooperative Limited Liability Partnership" of sole control over the companies "Galaxia Shops Dimitra Markets Limited Liability Company " and "Markato super markets Société Anonyme",  since it does not raise any doubts as to its compatibility with merger control rules in the relevant markets.

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