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Fatima Shahid

Greek Competition Authority Initiates Full Investigation Procedure for Acquisition of Control over Energy Company

28.10.2024 | Greek competition authority

The Greek Competition Authority has launched a full investigation into the acquisition of exclusive control over an energy company by a subsidiary, raising serious concerns about competition in waste management markets.


The Greek Competition Authority has initiated a full investigation procedure into the acquisition of exclusive control over the company 'ΗΛΕΚΤΩΡ ΑΝΩΝΥΜΗ ΕΤΑΙΡΕΙΑ ΕΝΕΡΓΕΙΑΚΩΝ ΚΑΙ ΠΕΡΙΒΑΛΛΟΝΤΙΚΩΝ ΕΦΑΡΜΟΓΩΝ' by 'MANETIAL LIMITED', a subsidiary of 'ΜΟΤΟΡ ΟΙΛ (ΕΛΛΑΣ) ΔΙΥΛΙΣΤΗΡΙΑ ΚΟΡΙΝΘΟΥ ΑΕ'.

The investigation focuses on potential competition concerns in waste management markets, particularly in the construction of waste management units, with a secondary focus on non-hazardous waste management.

The Greek Competition Authority will assess the precise definition and structure of relevant markets, market shares, and competition dynamics to determine the impact of the acquisition on competition.

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