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Competition and Consumer Protection Court: Agora may take over Eurozet

Competition and Consumer Protection Court: Agora may take over Eurozet

In January 2021 Competition and Consumer Protection Office The Agora takeover of the Eurozet company (belonging to, among othersat. Radio Oil). Agora then appealed to the Competition and Consumer Court.

“president Yukik He referred to the theory of “quasi-monopoly”, unknown in competition law and economics, indicating the tacit coordination of the combined entity (Agora and Eurozet) with the market leader, the RMF FM Group “- he stated then wages.

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SOKiK allowed Agora to acquire Eurozet

On May 12, the court announced a ruling to change the president’s entire decision Yukik.

The decision was changed by the court so that the unconditional approval of Agora’s acquisition of Eurozet sp. Z oo. (…) The oral reasons for the judgment presented today show that the Court, taking into account the arguments in the Agora’s appeal, concluded that the transaction would not significantly restrict market competition.

– Informs the agora in a statement. The company adds that “the hypothetical scenarios for business coordination activities outlined in the UOKiK Chairman’s Decision, which may significantly restrict competition, are speculative and not highly probable.” The court found that the scenarios were not based on market realities and economic conditions.

More information from the country On the home page Gazeta.pl

UOKiK will resume

However, the ruling is not final and the parties have two weeks to appeal. UOKiK has already announced in a separate announcement that it will resume.

We do not agree with the decision of the Court of First Instance, so we will exercise our right and file an appeal

– said UOKiK President, Thomas Crostiny.

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Eurozet is one of the leading media groups in Poland, dealing in the production and broadcasting of radio programmes, the sale of advertising time, mediation activities of stations and LocationsAs well as creating and managing websites. It has been around since 1993.

Currently the Eurozet group consists of five radio stations: Radio ZET, Antyradio, Chillizet, Meloradio, Radio Plus and websites including: radiozet.pl, antyradio.pl, chillizet.pl, planeta.pl and radiostacja.pl; As well as production studio ZET advertisements And Eurozet Live – a brand dedicated to multimedia projects and marketing of venues and events.

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