The two companies have few points of contact in their activities, and there are no barriers for competitors to enter these markets, said the antitrust regulator.

The Commission for Protection of Competition (CPC) came up with a quick decision on the Klas Oil transaction. The antitrust regulator allowed the company, together with the company that carries out its foreign trade transactions, to be acquired by the grain trader and supplier of peeled sunflower and sunflower chips, Magic Flame, in accordance with a document published on the Commission’s website.