Communication
The aim of the protection of market competition is primarily to create benefits for consumers and equal conditions for all entrepreneurs on the market, who, acting in accordance with the existing rules and competing on the market with the quality, price and innovation of their products and services, contribute to the overall development of the economy.
Cleared concentration in the electricity supply market
This is a transaction where the acquiring undertaking RWE Hrvatska, through its connected undertaking RWE Energija, is taking over the undertaking i-energija, a special purpose entity founded by Hrvatski telekom (HT), both present in the Croatian energy supply market. The concentration will produce effects in the relevant electricity supply market in the Republic of Croatia.
The participants to the concentration are both present in the relevant product and relevant geographic market. In 2017 RWE’s held a market share of [5-10] %, whereas HT’s market share was [0-5] %. Consequently, the post-merger market share of RWE Hrvatska would be some [5-10] %.
The implementation of this concentration will enable RWE Hrvatska to raise the existing RWE’s Energija portfolio of electricity end users and offer better service and access to new value-added products and services under better terms.
Given the defined structure of the market and the market power and market shares of the participants to the concentration in the relevant market, the Croatian Competition Agency approved the concentration concerned noting that it will have no anticompetitive effects as it does not create or strengthen a dominant position in the market of its participants.