2nd Quarter 2025
Each quarter, we present the most significant new developments
in the Portuguese and European competition landscape. This edition
features an in-depth investigation into the digital real estate
sector and key court rulings in the tobacco and banking markets. We
also provide updates on sanctions and regulations in sectors such
as digital platforms, recycling, sports, technology, foreign
investment, as well as State aid in the European Union. This is a
summary of current affairs to address market challenges and support
our clients.
PORTUGAL
I. Portuguese Competition Authority
REAL ESTATE PLATFORMS UNDER THE PCA'S
RADAR
On 30 May 2025, the Portuguese Competition Authority
(PCA) announced its decision to launch an in-depth
investigation (Phase II) into Idealista's proposed acquisition
of Portal47. Portal47 is the parent company of Kyero, an online
real estate classifieds platform targeting private individuals
residing in Germany, the United
