The Cypriot Competition Authority clears an acquisition in the online payment services market (GCS Holding / Ingenico)

On 16/07/2014, the Commission for the Protection of Competition of the Republic of Cyprus (hereinafter referred to as the “Commission”) received notification of a proposed concentration by Ingenico S.A. (hereinafter referred to as "Ingenico"), in accordance with section 10(2) of the Control of Concentrations between Undertakings Law (No.83(I)/2014) (hereinafter referred to as the “Law”). The notification concerns the acquisition of 100% of the share capital of GCS Holding B.V. (hereinafter referred to as "GCS") by Ingenico. Ingenico is a company duly registered under the laws of France and belongs to Ingenico Group of Companies. The aforementioned group provides trusted secured solutions to enhance commerce across all channels. Ingenico delivers secure

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Evyenia Epaminondou, The Cypriot Competition Authority clears an acquisition in the online payment services market (GCS Holding / Ingenico), 8 August 2014, e-Competitions August 2014, Art. N° 74683

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