2505-decision-773-2022

Decision 773/2022 × Who we are The CommissionIrene Sharpe Hara Nikolopoulou Panagiotis Fotis Ioannis Stefatos Charikleia Vlachou Pantelis Borovas Anna Gatziou Michael Polemis Milliou Chrysovalantou-Vasiliki Angeliki Kanellopoulou Strategic Plan Mission & Responsibilities Organizational Chart Directorate-General for Competition International Relations and Communication Information Press Releases For Citizens & BusinessLearn About Us Competition & SMEs Conferences & Seminars News & Announcements Whistleblowing System for Citizens & Business Whistleblowing System for Contracting Authorities Sector InquiriesCoastal Shipping Bank Deposits Waste Management and Recycling Health Services Fintech E-commerce Basic consumer goods Regulatory InterventionsPetroleum Industry Press Distribution Sector Construction Sector Market MappingsMapping of the Feta cheese market Mapping of the Animal feed market Mapping of the Verinary Medicinal Products market Mapping of the Plain Yoghurt market Mapping of the Fresh Cow’s Milk market PublicationsNewsletters Annual Reports Guides OECD Annual Reports Research Publications Other Publications Media All publications SustainabilitySustainability Sandbox Competition Law & Sustainability Legislation Protection of Free Competition Rules on Operational Procedures and Management Treatment of confidential information General Data Protection Regulation Code of Ethics and Cybersecurity Complaints Commitments Leniency Programme Settlement Procedure Manual of Operational Procedures Calculation of fines No-action letter Implementation of Article 1A Accessibility Statement Decisions Contact EL EN Who we are About the HCC Strategic Plan Mission & Responsibilities Organizational Chart Directorate-General for Competition International Relations and Communication The Commission Irene Sharpe Hara Nikolopoulou Panagiotis Fotis Ioannis Stefatos Charikleia Vlachou Pantelis Borovas Anna Gatziou Michael Polemis Milliou Chrysovalantou-Vasiliki Angeliki Kanellopoulou Information Press Releases For Citizens & BusinessLearn About Us Competition & SMEs Conferences & Seminars News & Announcements Whistleblowing System for Citizens & Business Whistleblowing System for Contracting Authorities Sector InquiriesCoastal Shipping Bank Deposits Waste Management and Recycling Health Services Fintech E-commerce Basic consumer goods Regulatory InterventionsPetroleum Industry Press Distribution Sector Construction Sector Market MappingsMapping of the Feta cheese market Mapping of the Animal feed market Mapping of the Verinary Medicinal Products market Mapping of the Plain Yoghurt market Mapping of the Fresh Cow’s Milk market PublicationsNewsletters Annual Reports Guides OECD Annual Reports Research Publications Other Publications Media All publications SustainabilitySustainability Sandbox Competition Law & Sustainability Legislation Legislation Protection of Free Competition Rules on Operational Procedures and Management Treatment of confidential information General Data Protection Regulation Code of Ethics and Cybersecurity Complaints Commitments Leniency Programme Settlement Procedure Manual of Operational Procedures Calculation of fines No-action letter Implementation of Article 1A Accessibility Statement Decisions Contact You are here: Decisions 2022 Decision 773/2022 Search: Tuesday, 22 March 2022 00:00 Decision 773/2022 font size decrease font size increase font size Print Clearance decision on the notified concentration, pursuant to articles 5-10 of L.3959/2011, as in force, concerning the acquisition of sole control, within the meaning of the article 5 par. 2 (b) of L. 3959/2011, by Nexi SpA on the Merchant Acquiring Business Unit of Alpha Bank SA in the market of payment card acceptance services. Decision 773/2022 File (PDF) Decision 773/2022 Date of Issuance of Decision March 22nd, 2022 Issue Number of Government Bulletin Publication pending Relevant Market The upstream market of payment card acceptance services (Merchant Acquiring), the downstream market that of, the data of processing services related to the acceptance of cards (Card Acquiring Processing) and the market for the supply and management of POS terminals Subject of the Decision Subject of the Decision Clearance decision on the notified concentration, pursuant to articles 5-10 of L.3959/2011, as in force, concerning the acquisition of sole control, within the meaning of the article 5 par. 2 (b) of L. 3959/2011, by Nexi SpA on the Merchant Acquiring Business Unit of Alpha Bank SA in the market of payment card acceptance services, following the Statement of Objections under ref. no 2681/18.03.2022 of Commissioner-Rapporteur Ioannis Stefatos. Legal Framework Articles 6-8, L. 3959/2011 Operative part of the Decision Operative part of the Decision The Hellenic Competition Commission, in plenary, unanimously approved, under article 8 par. 3 of Law 3959/2011, the notified concentration consisting in the change of control, as the proposed concentration , although falling within the scope of Art. 6