GREECE

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Due to the COVID-19 pandemic, certain merger control processes may be affected. We suggest to contact our local partners for more information.
Content last updated: 08-04-2020

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  • Merger Control Regime
  • Merger Screening

1. Supranationality

1.1 Membership of Supranational Organization

As a member of the EU, Greece is subject to the supranational authority of the EU, including EU merger control rules enforced by the Directorate General for Competition of the European Commission.

This means that if the concentration meets the turnover thresholds applicable for the EU’s merger control regime, the concentration must be notified to the European Commission and Greece is precluded from applying its own domestic merger control rules to the transaction.

2. Establishing jurisdiction for notification of mergers

2.3 General thresholds

2.3.1 Threshold(s) for when a concentration must be notified under the general merger control regime?

Merger control filing is required when:

  • the combined aggregate global turnover of undertakings concerned is at least EUR 150,000,000; and
  • each of at least two of the undertakings concerned has an aggregate turnover exceeding EUR 15,000,000 in Greece.

2.4 Other national thresholds for ex ante merger control (e.g. sector-specific rules)

2.4.1 Relevant thresholds for sector-specific or other ex ante merger control rules?

For concentrations in the media sector, merger control filing is required when:

  • the combined aggregate global turnover of undertakings concerned is at least EUR 50,000,000; and
  • each of at least two of the undertakings concerned has an aggregate turnover exceeding EUR 5,000,000 in Greece.

There is specific legislation covering certain sectors.

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and last updated on 08-04-2020 by

Legal Cross Border has itself provided all input about merger control in Greece. This information has been gathered and validated by our in-house lawyers to guarantee the highest quality outcome. This said, we are currently looking for a local partner to cover Merger Control Greece - please contact us if you would like to be our new partner.

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