The Georgia Competition and Consumer Protection Agency has approved the concentration, which will be implemented through the formation of a joint venture in the retail and wholesale trade of petroleum products by Ucha Lursmanashvili, Shalva Khukhashvili, and Nodar Khukhashvili. The concentration relates to the retail and import markets for auto fuel (gasoline and diesel). The volume of the retail market at the national level in 2023 amounted to 1,397,855 thousand liters, , with 383 businesses operating in the retail market and 1,211 gas stations. The Herfindahl-Hirschman index (HHI) of 1,132 indicates a low concentration market. Concentration causes the Herfindahl-Hirschman index (HHI) to be 1/163, with an index change (ΔHHI) of 31. In 2023, the relevant market's import concentration index (HHI index) was 1,167 units. After the the implementation of the concentration, taking into account the amount of fuel imported by the target and connected industries in 2023, the concentration index is predicted to rise by 18 units to 1,185. As a result, the planned concentration has no substantial impact on the relevant market's concentration index.
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.
