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On November 16, 2021, the Competition Authority issued a non-opposition decision to the merger 50/2021 - El Corte Inglês*Tool Factory / New Company

15-11-2021

On November 16, 2021, the Competition Authority issued a non-opposition decision to the merger 50/2021 - El Corte Inglês*Tool Factory / New Company

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On November 16, 2021, exercising the powers conferred on it by Article 19 (1) d) of its statutes, approved by Decree-Law 125/2014 of 18 August, the Board of the AdC decided, under Article 50 (1) b) of Law No. 19/2013, not to oppose the operation on the grounds that it is not likely to create significant impediments to effective competition in the identified markets.