Tuesday, 05 March 2024 09:18

Decision 843/2024

Clearance decision on the notified concentration under ref. no. 9384/4.12.2023, pursuant to Article 6 (1-3) of Law 3959/2011, concerning the acquisition by the PUBLIC POWER CORPORATION S.A. of sole control over DIXONS SOUTH - EAST EUROPE S.A.

Decision 843/2024

File (PDF) Decision 843/2024
Date of Issuance of Decision March 5th, 2024
Issue Number of Government Gazette 3446/Β/04.07.2025
Relevant Market
  1. Retail market for electrical and electronic goods, as well as its (sub)markets (“gray”, “large/white”, “small”, “black” appliances, and cooling/heating appliances)
  2. Retail electricity supply market
  3. Market for the provision of Electric Vehicle (EV) charging services at publicly accessible charging infrastructure
  4. Private Electric Vehicle Charging Station Market (Home EV chargers)
  5. Market for the provision of integrated solutions for the installation of photovoltaic systems on building roofs.
Subject of the Decision

Clearance decision on the notified concentration under ref. no. 9384/4.12.2023, pursuant to Article 6 (1-3) of Law 3959/2011, concerning the acquisition by the PUBLIC POWER CORPORATION S.A. of sole control over DIXONS SOUTH - EAST EUROPE S.A.

Legal Framework

Articles 5-10 of Law 3959/2011

Operative part of the Decision

The Hellenic Competition Commission, in Plenary sitting, unanimously approves, pursuant to Article 8(3) of Law 3959/2011, the notified concentration under ref. no. 9384/4.12.2023, pursuant to Article 6 (1-3) of Law 3959/2011, concerning the acquisition by the PUBLIC POWER CORPORATION S.A. of sole control over DIXONS SOUTH - EAST EUROPE S.A. as,  although falling within the scope of Article 6 (1) of the Greek Competition Act, it does not raise serious concerns as to its compatibility with competition rules in the individual markets concerned.

Company(ies) concerned
  1. PUBLIC POWER CORPORATION S.A.
  2. DIXONS SOUTH - EAST EUROPE S.A
Summary of Decision

By its decision, the HCC concluded that there aren’t any affected markets and therefore the concentration does not have any horizontal or vertical anti-competitive effects. The HCC, also, concluded that no anti-competitive conglomerate effects are created through the application by the new entity of bundled sales of electricity on a retail level and electric/electronic products.

The Decision assessed any conglomerate effects of the concentration through mixed bundling, namely through the new entity’s possibility to apply bundled sales of electricity on a retail level and electric/electronic products. According to the Decision, it is estimated that there are a sufficient number of competitors active in the sales of electrical and electronic goods capable of responding to the mixed sales of the new entity by offering competitive prices for individual electrical/electronic products or combined offers from their wide range of products or by offering similar bundling through partnerships, taking into account electronic products or combined offers from their wide range of products, or by offering similar bundled sales through partnerships, taking into account the low barriers to entry. In this context, it is not deemed likely that KOTSOVOLOS' competitors will be marginalized or that the market structure will be affected. Similarly, it is considered that the effects of the mixed bundling of electricity and electrical goods, where possible, are not expected to be significant, in the sense that there are sufficient relevant alternatives in the supply of electricity in an environment where suppliers compete on electricity tariffs and where tariff transparency and comparability are now increased. In the same context, no marginalisation of PPC's competitors or impact on market structure is expected.

Judicial Means -
Decisions by the Court of Appeal of Athens (Administrative Division) -

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