The Estonian Competition Authority gives second phase merger clearance to the merger of two market leaders leading to 66% post-merger market share in the field of leading media (Cheh OÜ/Ekspress Hotline)

The case concerns the merger of two market leaders in the field of the so-called leading media Cheh OÜ and Ekspress Hotline, as a result of which the Latvian holding company SIA Contact Holding, owner of Cheh OÜ, acquired dominant influence over 66% of the relevant market in Estonia. The merger was cleared by the Estonian Competition Authority on 28 September 2009, but only in the second phase. No commitments were attached. The main issues concerned defining the relevant market and whether the 66% post-merger market share significantly restricts competition. The case was based on national law, according to which a merger shall be subject to control by the Competition Authority if, during the previous financial year, the aggregate turnover in Estonia of the parties to the merger

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  • Arnold & Porter Kaye Scholer (Brussels)

Quotation

Tiiu Iverson, The Estonian Competition Authority gives second phase merger clearance to the merger of two market leaders leading to 66% post-merger market share in the field of leading media (Cheh OÜ/Ekspress Hotline), 28 September 2009, e-Competitions September 2009, Art. N° 32018

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