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Greece: Mythos-Olympic breweries merger approved

By  |  March 12, 2015

Regarding the merger between Mythos-Olympic.The HCC concluded that the notified merger does not raise serious doubts as to its compatibility with competition rules in the relevant markets concerned by the concentration and may, thus, be approved.

Mythos Brewery, a subsidiary of Carlsberg which currently holds the number 2 spot in the market, is essentially acquiring control over Olympic Brewery the 3 in the market. Athens Brewery, a subsidiary of Heineken, is the leading competing supplier.

 

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