The Greek competition authority has unanimously approved the acquisition of Dodoni S.A., a dairy company, by Greek Dairy Company. This decision was made under Article 8, paragraph 3 of Law 3959/2011.

The merger pertains to the supply of fresh milk (cow, sheep, goat) and related final products, including various dairy items and plant-based products, within the Greek territory.

The assessment of the merger was conducted on a national and regional level, based on data provided by the notifying party and previous legal precedents.

In the fresh milk supply market, the combined market shares of the involved companies either fall below 15% or exceed it but do not increase by more than 5%. This trend is consistent across both conventional and organic fresh milk.

Regionally, the merger results in an increased market share for the new entity in the Epirus region, where Dodoni has historically held a significant market share. However, the overall supply of fresh milk from this region is relatively small.

The authority concluded that the merger would not likely lead to coordinated effects that could harm competition, as the negotiating power of producers has increased, allowing them to switch buyers easily.

Given these findings, the competition authority has determined that the merger does not raise serious doubts regarding its compatibility with competition requirements in the relevant markets.