By its Decision no 843/2024, adopted on the 5th of March 2024, the Hellenic Competition Commission (HCC) in Plenary unanimously approved, pursuant to Article 8 (3) of Greek Law 3959/2011, the notified concentration concerning the acquisition by PUBLIC POWER CORPORATION (PPC) of sole control over DIXONS SOUTH - EAST EUROPE (DIXONS), within the meaning of Article 5 par. 2 (b) of Greek Law 3959/2011.
PPC is active in the production and supply of electricity, mining, production, the supply and sale of energy raw materials and the provision of e-mobility products and services. DIXONS is active, through the chain of stores “KOTSOVOLOS”, in the sale of electric and electronic products.
The HCC, by its decision, 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.
Therefore, whereas the concentration falls within the scope of article 6(1) of Greek Law 3959/2011, it does not raise serious concerns as to its compatibility with competition rules in the relevant markets it concerns.