Competition Commission allows Homegate deal

Online classifieds The Competition Commission (ComCo) has approved the takeover of the real estate portal Homegate by Tamedia and Edipresse. The in-depth review of the transaction was completed without conditions.online classifieds The Competition Commission (ComCo) has approved the takeover of the real estate portal Homegate by Tamedia and Edipresse. The in-depth review of the transaction was concluded without any conditions. End
In its letter of October, the Competition Commission spoke of indications of the creation or strengthening of dominant market positions. However, these have not been confirmed, writes the Competition Commission: "Competition from other real estate platforms and, in particular, the highly dynamic nature of the market ensure that competition will continue."