AdC Approves Santogal/Mercedes-Benz Retail Merger
The Portuguese Competition Authority (AdC) has given the green light to the merger between Santogal and Mercedes-Benz Retail, citing no significant competition concerns.
12.03.2024 | Portuguese competition authority
The AdC issued a non-opposition decision to the merger between Santogal and Mercedes-Benz Retail in December 2024. This decision was made under the Competition Law, as the merger was deemed not to pose significant obstacles to effective competition in the national market. The approval was granted by the Board of Directors of the Competition Authority, exercising its powers as outlined in the Statutes. The decision signifies that the merger is not expected to substantially impede competition in Portugal's automotive sector, where Santogal and Mercedes-Benz Retail operate.