| Decision 626/2016 | |
|---|---|
| File (PDF) | Decision 626/2016 |
| Date of Publication of Decision | April 7th, 2016 |
| Issue Number of Government Bulletin | |
| Relevant Market |
1. Concession of Management and Operation Rights of Airports 2. Airport Infrastructure Management and Operation Services 3. Provision of Software for Airports |
| Proceedings | Merger |
| Legal Framework | Phase I (Articles 8 par.3 of the Greek Competition Act 3959/2011) |
| Διατακτικό Απόφασης | Clearance |
| Acquiring Company | FRAPORT A.G. |
| Target Companies |
A. The regional airports of Crete, Mainland Greece and the Ionian: (1) Thessaloniki, (2) Corfu, (3) Zakynthos, (4) Kefallinia, (5) Akti, (6) Kavala and (7) Chania. B. The Aegean regional airports: (1) Rhodes, (2) Kos, (3) Santorini, (4) Mykonos, (5) Mytilene, (6) Samos and (7) Skiathos. |
| Summary of Decision |
By its unanimous decision, the Competition Commission approved the notified concentration concerning the acquisition by FRAPORT AG of the exclusive control of the Regional Airports of Group A (1. Thessaloniki, 2. Corfu, 3. Zakynthos, 4. Kefalonia, 5. Aktiou, 6. Kavala and 7. Chania) and Group B (1. Rhodes, 2. Kos, 3. Santorini, 4. Mykonos, 5. Mytilene, 6. Skiathos and 7. Samos) through the concession after public tenders. The public tenders were announced by Hellenic Republic Asset Development Fund for the financing, upgrading, maintenance, management and operation of the Regional Airports of Groups A and B, as this concentration does not raise serious doubts as to its compatibility with the competition rules in the relevant markets involved. The Commission focused its substantive assessment on the following markets:
|
| Judicial Means | Final. Decision has not been appealed. |
| Decisions by the Court of Appeal of Athens(Administrative Division) | - |
Thursday, 07 April 2016
Decision 626/2016
Decision on the proposed acquisition of sole control by FRAPORT A.G., through Concession Agreements, over the regional airports of Crete, Mainland Greece, and the Ionian, in particular, the airports (1) Thessaloniki, (2) Corfu, (3) Zakynthos, (4) Kefallinia, (5) Aktiou, (6) Kavala and (7) Chania, and over the Aegean regional airports, in particular the airports (1) Rhodes, (2) Kos, (3) Santorini , (4) Mykonos, (5) Mytilene, (6) Samos and (7) Skiathos.
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