The Georgian Competition and Consumer Agency (GCCA) approved a concentration in the sectors of electronic communications and broadcasting. The case relates to the acquisition by LLC “Prime Media Global” of a 100% ownership interest in LLC “Georgian Media Production Group”. Based on the Agency’s assessment, the proposed concentration does not result in a significant impact on the relevant market and is compatible with the competitive environment.
The Georgian Competition and Consumer Agency (GCCA) has approved a concentration implemented through the acquisition of a 50% shareholding in LLC “ICE” by LLC “Anagi Construction,” having determined that the transaction is compatible with the competitive environment.
The Georgian Competition and Consumer Agency (GCCA) has approved a concentration in the sector of of higher education and medical services. The case concerns Europe University LLC’s acquisition of 100% of the shares of St. Michael’s Hospital LLC. Based on the Agency’s assessment, the notified concentration is not expected to have a significant impact on the competitive environment.
The Georgian Competition and Consumer Agency (GCCA) has approved a concentration in the sector of inpatient and outpatient medical services. The transaction concerns the acquisition of sole control over „Gormedi“ LLC by „Georgian Clinics“ JSC. Based on the Agency’s assessment, the notified concentration is not expected to have a significant impact on the competitive environment.
The Georgian Competition and Consumer Agency (GCCA) has determined that the concentration implemented through the acquisition of 100 percent of the shares of the International Black Sea University by the Georgian National University is compatible with the competitive environment. Both undertakings participating in the concentration operate in the field of higher education services.
The Georgian Competition and Consumer Agency (GCCA) has assessed and recognized as compatible with the competitive environment the concentration implemented through the acquisition of an 80% share in LLC “TKJ” (I/N (445659225) by natural person Tornike Kotetishvili.
LLC “TKJ” is engaged in the sale and maintenance of heating and cooling systems designed for automotive, container, and refrigeration-warehouse applications. The parties involved in the transaction, as well as their related entities, operate in different markets. Taking this into account, along with the market position of the target undertaking, the Agency concluded that the concentration would not have an adverse impact on competition and is compatible with the competitive environment.
The Georgian Competition and Consumer Agency has approved the concentration to be implemented by LLC “Georgian Cement” through the acquisition of shares or assets of LLC “Georgian Building Group” and LLC “Georgian Building Group Beton” in the grey cement and concrete production markets.
The Agency has approved a concentration in the gambling and betting sector, whereby Betlive LLC (I/N 404983238) acquired 100% of the shares of Global Gaming LLC (I/N 405445077). According to the market analysis, 34 entities were active in the gambling and/or betting market in 2024. The total market volume reached GEL 709,890,110.85. The Herfindahl-Hirschman Index (HHI) for the relevant market stood at 1430.6, which corresponds to a moderately concentrated market structure. Since Betlive LLC and its affiliated undertakings were not previously active in the relevant market, the transaction will not result in any change to the market concentration index (HHI). Therefore, the Agency concluded that the concentration will not have a material impact on the competitive environment.
The Agency has approved a concentration in the market for GPS device sales, installation and monitoring services, through the acquisition of a controlling stake in “I GPS Operator” LLC by “Tegeta Motors” LLC. According to the Agency’s analysis, over 1,000 entities operated in the GPS services market in 2024, with a total market volume of GEL 2,181,758,521.2. The Herfindahl-Hirschman Index (HHI) was 990.4, indicating low market concentration. The Agency also evaluated Tegeta Motors LLC’s planned acquisition of control over GPS Georgia LLC, concluding that the change in the concentration index (ΔHHI) would be negligible, even if both acquisitions occurred. In the GPS and related device import market, 523 entities were active in 2024, with a total market volume of GEL 39,488,597. The HHI was 132.8, and the change in the concentration index (ΔHHI) was 2.5. Based on the market analysis, structure, and shares of the involved parties, the Agency determined that the concentration will not significantly affect competition.