Wednesday, 28 April 2021 14:36

Press Release – Decision assessing the competitive conditions and the effectiveness of the commitments undertaken by ATTICA GROUP

Subject: Decision 734/2021. Decision assessing the competitive conditions and the effectiveness of the commitments undertaken by ATTICA GROUP (“ATTICA”) under Decision No. 658/2018 of the Hellenic Competition Commission (“HCC”), in order to withdraw or extend, in whole or in part, the commitments under sections B1-B3

The HCC (in plenary) assessed on April 19, 2021, following the relevant Rapporteur’s Opinion, the conditions of competition and the effectiveness of the commitments undertaken by ATTICA under Decision No. 658/2018 (“Commitment Decision”). In accordance with section B5 of the Commitment Decision, the HCC had to decide upon the removal or extension, in whole or in part, of the relevant commitments under sections B1-B3 for a maximum of three (3) years.

The Commitment Decision approved the merger concerning the acquisition of sole control by ATTICA of Hellenic Seaways, subject to commitments, in accordance with article 8 of Law 3959/2011, as in force. < https://epant.gr/en/decisions/item/1063-decision-658-2018.html >

These commitments concern:

i. The non-increase of the frequency of services, per relevant product market (passengers, cars, lorries), in the route from/to Attica and the islands of Paros, Naxos, Ios, Thira, Amorgos, Koufonisia, Syros, Patmos (“Islands of Commitments”) compared to the frequency of services prior to the merger. Especially for the route from / to Attica and the island of Patmos, the commitment concerns the maintenance of the frequency of services (i.e. the non-reduction of the itineraries as well).

ii. In the event that a Third-Competitor becomes active in specific routes from/to Attica and the Islands of Commitments , ATTICA will cease its activity in these routes.

The HCC with its Decision 734/2021 (published on 26 April 2021) unanimously decided: 

  • removing the commitment B2a not to increase the frequency of services in the relevant markets of passengers, cars and lorries from / to Attica and the island of Ios
  • extending in part the commitment B2st for three (3) years (from 27.04.2021 until 26.04.2024), 
    1. removing the obligation to withdraw from the Greek market the fast ferry HSW Highspeed 4 with effect from 27.04.2021 and
    2. extending ATTICA’s obligation to cease its activity in the affected route in the event that a Third-Competitor becomes active and ATTICA’s obligation to withdraw Highspeed 4 from the affected markets (i.e. where there is a commitment not to increase the frequency of services). 
  • extending the validity of the other commitments for another three (3) years (from 27.04.21 until 26.04.24). 

Related items

  • Decision 822/2023

    Decision on the assessment of the competitive conditions and the effectiveness of the commitments undertaken by “ATTICA GROUP” (“ATTICA”) under section B4 of HCC Decision No. 658/2018, by virtue of section 85 thereof.

  • Press Release - Decision No 822/2023 on ATTICA's commitments

    Subject: Decision on the assessment of the competitive conditions and the effectiveness of the commitments undertaken by ATTICA GROUP (“ATTICA”) under Decision No. 658/2018 of the Hellenic Competition Commission (“HCC”), for the ferry routes from Attica region to the islands of Chios-Mytilini and vice versa.

  • Press Release - Assessment of the notified concentration ANEK-ATTICA GROUP

    Subject: Assessment of the notified concentration, pursuant to Article 8 of Law. 3959/2011, which concerns the merger by absorption of the company “ANEK LINES S.A.” with the distinctive title “ANEK” by the company “ATTICA HOLDINGS S.A.” with the distinctive title “ATTICA GROUP”.

  • Press Release - Assessment of the effectiveness of ATTICA's commitments

    SUBJECT: Assessment of the competitive conditions and the effectiveness of the commitments undertaken by ATTICA GROUP (“ATTICA”) under Decision No. 658/2018 of the Hellenic Competition Commission (“HCC”), for the ferry routes from Attica region to the islands of Chios-Mytilini and vice versa.

  • Press Release - Clearance of the acquisition of SYNERGAZOMENI PANTOPOLES by KRITIKOS ANEDIK under commitments

    SUBJECT: Clearance of the proposed acquisition regarding the change in control over the company SYNERGAZOMENI PANTOPOLES S.A., from the exclusive control of the company ELLINIKA MARKETS S.A. in the exclusive control of the company KRITIKOS ANEDIK S.A. subject to terms and conditions (remedies) (Phase I merger).

  • Decision 734/2021

    Decision on the withdrawal or extension of the commitments undertaken by the company “ATTICA HOLDINGS S.A”, under Decision No. 658/2018, in accordance with its section B5.

  • Press Release - Evaluating the compliance of the company "ATTICA HOLDINGS SA" to commitments

    Subject: Evaluating the compliance of the company "ATTICA HOLDINGS SA" with the commitments contained in Decision No. 658/2018 of the Hellenic Competition Commission (HCC), in accordance with article 8 par. 8 of L. 3959/2011

  • Decision 589/2014

    Continuation of the discussion in the context of monitoring the implementation of the commitments undertakenby the company DEPA SA., according to Decision No. 551 / VII / 2012 of the HCC.

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