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Merger Notification - Announcement according to § 10 Cartel Act

UniCredit Bank Austria AG; card complete Service Bank AG - BWB/Z-6719 | Bundeswettbewerbsbehörde

UniCredit Bank Austria AG; card complete Service Bank AG

BWB/Z-6719

16.09.2024

On 13.09.2024 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

UniCredit Bank Austria AG, Vienna, Austria intends to migrate the customers of the UniCredit Bank Austria- und Schoellerbank-credit card portfolio of card complete Service Bank AG, Vienna, Austria via a referral model to UniCredit Bank Austria AG.

K - TELECOMMUNICATION, COMPUTER PROGRAMMING, CONSULTING, COMPUTING INFRASTRUCTURE AND OTHER INFORMATION SERVICE ACTIVITIES

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 11.10.2024.

Entrepreneurs whose legal or economic interests are affected by the merger can bring in a written statement at the Federal Competition Authority or the Federal Cartel Prosecutor within 14 days from publication date.

Note: The intervening party has no right to a certain treatment of the statement and will not gain a party position.

Non-prohibition of the merger

The Federal Competition Authority and the Federal Cartel Prosecutor have not applied for examination of the merger by the Cartel Court. The standstill obligation (§ 17 (1) Cartel Act) ends with effect from 12.10.2024 .

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