For the purposes of the present concentration and based on the parties' sectors of activity, the relevant market is the retail sale of grocery products through small retail outlets.

Articles 5-10 of Law 3959/2011

Operative part of the Decision

The Hellenic Competition Commission, in Chamber sitting, unanimously approves the notified concentration pursuant to Article 8 (3) of Law 3959/2011, considering that, albeit falling within the scope of Article 6 (1) of Law 3959/2011, it does not raise serious concerns as to its compatibility with competition rules in the individual markets concerned thereby.

1. "CORE INNOVATIONS SINGLE MEMBER S.A."
2. "TWENTY FOUR SHOPEN TRADE COMPANY, RESTAURANT FACILITY MANAGEMENT AND FOOD SERVICES COMPANY".

According to the grounds of the Decision,  The concentration’s analysis shows that under any definition of the relevant market of the small retail market, the parties’ activities either do not overlap horizontally or, if mini-markets operating within the petrol station sector are included, at a local level, i.e. within a radius of 300 metres, only in seven (7) areas in the Region of Attica (not in the rest of Greece) the horizontal overlap of the parties leads to negligible/de-minimis combined market shares (the increment of the new entity's share will be negligible) and therefore no material change in competitive conditions is expected as a consequence of the concentration under assessment.