According to the Agency, the acquisition of a 51% share of "International Black Sea University” by natural person Gia Kavtelishvili is considered admissible in the higher education sector, which includes 62 accredited universities and a total of 157,885 active students. The market concentration index (Herfindahl-Hirschman index) before the acquisition was 596.24 units, indicating a low-concentration market. After the acquisition, the index increased to 660.4 units, with a change in concentration index (ΔHHI) of 64.1 units. Despite this change, the Agency's assessment concludes that the acquisition will not significantly impact the competitive environment of the relevant market.
According to the Agency, the acquisition of a 49% share of "International Black Sea University” by natural person kakha Shengelia is considered admissible in the higher education sector, which includes 62 accredited universities and a total of 157,885 active students. The market concentration index (Herfindahl-Hirschman index) before the acquisition was 596.24 units, indicating a low-concentration market. After the acquisition, the index increased to 660.4 units, with a change in concentration index (ΔHHI) of 64.1 units. Despite this change, the Agency's assessment concludes that the acquisition will not significantly impact the competitive environment of the relevant market.
The Agency approved the concentration to be implemented by JSC " Georgian Healthcare Group" by the acquisition of 100% of the insurance portfolio of "Ardi Insurance". According to the Agency's assessment, as a result of the implementation of the concentration, the joint market share of the participating parties and their related companies in the medical insurance market will increase to 35.6%, and in the auto insurance market to 28.1%. In both circumstances, the market concentration index is within the range of a moderately concentrated market. In addition to market share, the Agency assessed the medical insurance market, taking into account various parameters such as market structure, and concluded that the concentration to be implemented does not significantly restrict effective competition and is compatible with the competitive environment.
The National Competition Agency approved the concentration between Ioseb Tatarashvili and LLC "Charm Trading", recognizing it as admissible concentration. The Agency evaluated the competitiveness of the relevant market by assessing both the level of imports and the wholesale and retail supply. According to the Agency's decision and based on the assessment, it was determined that the relevant market is low-concentrated and that the concentration would not significantly change the concentration index.
The Agency approved the concentration between "Mnkorpi" LLC and "Lexwell" LLC. "Mnkorpi" produces ferroalloys, while "Lexveli" operates in the construction and development sector. After analyzing the market, the Agency determined, that the volume of turnover in the residential and non-residential building construction market in 2022 was 8,084,435,501 GEL, and the market concentration index (Herfindahl-Hirschman index) was 63.96, indicating a low-concentration market. Since "Mnkorpi" did not operate in the relevant market of construction of residential and non-residential buildings before the concentration, there will be no change in the concentration index (HHI) after the implementation of the concentration.
The Agency recognized as admissible the notification on the concentration to be implemented by "Repsol" LLC through gaining control over 4 gas stations owned by "IberCompany" LLC. The concentration refers to the retail market of autor fuel (gasoline, diesel). The volume of the retail market at the national level in 2022 amounted to 1,311,160 thousand liters, the number of companies operating in the retail market - 487, the number of gas stations operating in the retail market - 1,250, the market concentration index of the Herfindahl-Hirschman index HHI=949.7, which is an indicator of a low concentration market. As a result of concentration, the Herfindahl-Hirschman index is HHI=950.30, index change ΔHHI=0.56. Therefore, as a result of the planned concentration, there is no significant change in the concentration index in the relevant market.
The Georgian National Competition Agency has approved the planned concentration in the medical inpatient and outpatient services sector. The case concerns the purchase of a 50% share of "PSP Pharma" in "MedCapital" by GMSC Medical Services Company of Georgia. ”. According to the received and processed information, and the Article 11 of the Law of Georgia on Competition, the Agency determined that the planned concentration between the "GMSC Medical Services Company of Georgia" and "Medcapital" does not substantially limit effective competition and is compatible with the competitive environment.
The Georgian National Competition Agency has approved the concentration of “Diplomat Georgia” and “Kant” in the FMCG market. The case concerned the purchase of 75% share of "Kant" by "Diplomat Georgia". The Agency assessed the competitive environment in the import and wholesale trade of food and beverage products, as well as in the market of distribution services. The Agency determined that the implemented concentration in accordance with the Law of Georgia on Competition, does not substantially restrict effective competition and are compatible with the competitive environment.
The Georgian National Competition Agency has approved the concentration of “Anagi Development 2” and “White Square Isan” in the construction market. The case concerned the purchase of a 50% share of "Anagi Development 2" from "Anagi" by "White Square Isani". The Agency evaluated the market of the construction of residential and non-residential buildings. According to the received and processed material, the volume of the mentioned market in 2022 amounted to 8,084,435,501 GEL, the market concentration index Herfindahl-Hirschman Index (HHI) is 61.41, which is an indicator of a low concentration market. As a result of the implementation of the concentration, the HHI is 64.14, and the index change according to ΔHHI is 2.73. According to the Agency's decision, as a result of the planned concentration, there is no significant change in the concentration index in the relevant market, and its compatible with the competitive environment.
The National Competition Agency approved the purchase of a 100% share of "Legometal" by Temur Bolkvadze. In order to examine the compatibility of the implemented concentration with the competitive environment, the Agency assessed the competitive environment in the non-ferrous scrap export market. The volume of non-ferrous metal scrap exports in 2021 amounted to 271.7 million GEL, the number of participating entities - 46, the market concentration index (HHI) - 1 474.77, which is an average concentrated market indicator. The Agency has determined that the implemented concentration in accordance with Article 11 of the Law of Georgia on Competition does not substantially limit effective competition and is compatible with the competitive environment.
