On February 27, 2024, the Board of Directors of the Competition Authority, using the powers conferred on it by paragraph d) of paragraph 1 of article 19 of the Statutes, approved by Decree-Law No. 125 /2014, of 18 August, adopts a decision not to oppose the concentration operation, in accordance with paragraph b) of paragraph 1 of article 50 of the Competition Law, as it is not likely to create significant obstacles to effective competition within the national territory.

Portuguese Competition Authority Clears CDC*FAP / SAS Merger

The Portuguese Competition Authority (AdC) issued a non-opposition decision to the merger between CDC*FAP and SAS, as it determined that the transaction would not significantly impede competition in the country. This decision was made in accordance with the Competition Law, as the merger was not expected to create substantial barriers to effective competition within Portugal. The AdC's approval allows the merger to proceed without facing any antitrust objections or conditions.

Portuguese Competition Authority Clears CDC*FAP / SAS Merger

The Portuguese Competition Authority has approved the merger between CDC*FAP and SAS, stating that it does not pose significant competition concerns.