|
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 |
|
|
| 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 |
|
|
| 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) | - | |
