On May 30, 2025, the Board of Directors of the Competition Authority, in exercise of the power conferred upon it by paragraph d) of No. 1 of article 19 of the Statutes, approved by Decree-Law No. 125/2014, of August 18, resolves to adopt a decision under the terms of paragraph c) of § 1 of article 50 of the Competition Law, since the concentration operation under analysis raises serious doubts, in light of the elements collected, and in view of the criteria defined in article 41, as to its compatibility with the criterion established in § 3 of article 41 of the same diploma, with regard to the relevant market(s) identified.

Portuguese Competition Authority Launches In-Depth Investigation into Idealista/Portal47 Merger

The Portuguese competition authority, known as AdC, has decided to conduct an in-depth investigation into the proposed merger between Idealista and Portal47. This decision was made on May 30, 2025, by the Board of Directors of the AdC, which exercised its authority under the relevant competition statutes.

 The investigation was prompted by serious doubts regarding the compatibility of the merger with established competition criteria. The authority referenced specific articles of the Competition Law, indicating that the merger raises concerns about its impact on the relevant markets identified during the preliminary assessment.

 As the investigation unfolds, the AdC will analyze various aspects of the merger to determine whether it could potentially harm competition in the market. The outcome of this investigation will be crucial in deciding the future of the Idealista and Portal47 merger.



AdC adopted a decision to carry out an in-depth investigation into the concentration operation Idealista / Portal47.
AdC adopted a decision to carry out an in-depth investigation into the concentration operation Idealista / Portal47.

Portuguese Competition Authority Launches In-Depth Investigation into Idealista/Portal47 Merger

The Portuguese competition authority has initiated a detailed investigation into the merger between Idealista and Portal47 due to significant concerns regarding its market impact.