PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2008/41 - ONGOING / ECONÓMICA
Acquired
Económica SGPS, S.A.
Description
a holding company that, through its holdings, is present in the newspaper publishing sector - "Diário Económico" and "Semanário Económico" - as well as in the publication of financial information on the Internet and the staging of events and conferences, the latter activities being connected with its publications.
Acquiring
Ongoing
Description
a holding company that owns majority shareholdings both in undertakings operating in the field of consultancy and property and in an investment company;
Sector
  • Liberal Professions
  • Telecommunications & Media
Activity (NACE)
  • J58 - Publishing activities
  • M74 - Other consultancy, scientific and technical activities
Applicable legislation
Art. 9(1)(a) (Law 18)
Notification thresholds
Market share
Type of merger
Conglomerate
Cooperation with sector regulators
  • ERC - Portuguese Regulatory Authority for the Media
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Case description
Notified on 7 July 2008 this merger operation consists of the acquisition by ONGOING STRATEGY INVESTMENTS, SGPS, SA (henceforth "ONGOING") of exclusive control of ECONÓMICA, SGPS, SA (henceforth "ECONÓMICA"), by means of the total acquisition of the shares representing its registered capital.
Timeline
2008-08-14
Competition Authority authorises ONGOING / ECONÓMICA merger operation
2008-07-14
Publication of the announcement
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