| Decision 738/2021 | |
|---|---|
| File (PDF) | Decision 738/2021 |
| Date of Publication of Decision | June 30th, 2021 |
| Issue Number of Government Bulletin |
Publication pending
|
| Relevant Market | Import/distribution of passenger cars and light commercial vehicles and import/distribution of spare parts and accessories |
| Subject of the Decision | Merger |
| Legal Framework | Phase Ι (Article 8 par. 3 N. 3959/2011) |
| Operative part of the Decision | Clearance |
| Company(ies) concerned | TROPHY AUTO BRANDS OPEL HELLAS |
| Summary of Decision |
By its unanimous Decision No. 738/2021, adopted on the 30th of June 2021, the Chamber of the HCC approved, pursuant to Art. 8(3) of Greek Law 3959/2011, the proposed transaction notified on 12/3/2021, concerning the acquisition by TROPHY of the entire share capital (100%) of OPEL. Pursuant to the above decision, the HCC found that the proposed concentration, which concerns the markets for import/distribution of passenger cars and light commercial vehicles and import/distribution of spare parts and accessories, although it falls 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 concerned. |
| Judicial Means | - |
| Decisions by the Court of Appeal of Athens (Administrative Division) | - |
Wednesday, 30 June 2021
Decision 738/2021
Clearance by the Hellenic Competition Commission (“HCC”) of the concentration concerning the acquisition by the company “TROPHY AUTO BRANDS” (“TROPHY”) of the entire share capital (100%) of the company “OPEL HELLAS” (“OPEL”)
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