Wednesday, 17 January 2018

Decision 654/2018

Decision on the proposed acquisition of sole control by ‘‘HELLENIC HEALTHCARE S.A.R.L.’’ over ‘‘IASO General Clinics.S.A.’’.

Decision 654/2018
File (PDF) Decision 654/2018
Date of Publication of Decision January 17th, 2018
Issue Number of Government Bulletin  
Relevant Market General Clinics
Proceedings Merger
Legal Framework Phase I (Articles 8 par. 3 of the Greek Competition Act 3959/2011)
Decision Clearance
Target Company IASO General Clinics S.A.
Summary of Decision  The Hellenic Competition Commission approved, pursuant to Art. 8(3) of Greek Law 3959/2011, the proposed transaction, which concerns the acquisition of 100% of the shares in ‘‘IASO General Clinics.S.A.’’ by ‘‘HELLENIC HEALTHCARE S.A.R.L.’’, since while falling within the scope of Art. 6(1) of Greek Law 3959/2011, does not raise any serious doubts as to its compatibility with the competition rules in the relevant market involved.
The transaction will not lead to any substantive change in the relevant market of private general clinics, effective competition, and alternative supplier choices, and it is therefore estimated that this transaction is not expected to significantly affect or restrict competition.
Judicial Means Final. Decision has not been appealed
Decisions by the Court of Appeal of Athens(Administrative Division) -
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