Wednesday, 24 June 2020 13:17

Decision 714/2020

Decision on the concentration between SAIGA S.à.r.l. acquiring negative sole control over Skroutz Internet Services S.A. 

Decision 714/2020
File (PDF)  Decision 714/2020
Date of Publication of Decision  June 24th, 2020 
Issue Number of Government Bulletin 
Relevant Market 

The market for price comparison shopping services, the market for online marketplaces (merchant platforms), the market for online advertising and the market for online restaurant platforms.

Proceedings  Merger 
Legal Framework 

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

Decision 

Clearance 

Acquiring Company  SAIGA S.à.r.l. and GX, BD, and GA 
Target Company  Skroutz Internet Services S.A. 
Summary of Decision 

Τhe Plenary of the Hellenic Competition Commission, pursuant to Art. 8(3) of Greek Law 3959/2011, approved the proposed concentration, which was notified on 8/5/2019. This concentration, which concerns the acquisition of negative sole control by SAIGA over Skroutz, 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 markets involved.

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