The Competition Commission updated the Dispute Settlement Procedure and the Leniency Program. In particular, as noted in a relevant announcement, the Commission following the amendment of Law 3959/2011 (with Law 4886/2022) with the no. 791/2022 its unanimous decision, proceeded to update and complete the terms and conditions of a) exemption or reduction of the fines […]
Tag: Competition Commission
Competition Authority: Fines of 1,167,381.61 euros to 9 companies of cooling and heating equipment
By its decision, the Plenary Session of the Competition Commission decided to impose fines totaling 1,167,381.61 euros on the companies: “CLIMA CONTROL HEATING AND AIR-CONDITIONING SYSTEMS COMMERCIAL COMPANY ANONYMOUS”; “HIOAKMI ANONYMOUS INDUSTRIAL TRADING COMPANY OF SOLAR HEATERS”; “AHI CARRIER OF SOUTH-EAST EUROPEAN AIR CONDITIONING LIMITED COMPANY”; “AMORIDIS-SABVIDIS THERMANSI KLIMATISMOS ANONYMOUS COMMERCIAL COMPANY and KALLIOPI KARYDA […]
G. Lianos: In the last two years, there have been more checks than ever by the Competition Commission
“In 2021 we had the most controls in the entire European Union. We will probably have the same results this year,” notes the president of the Competition Commission, Yannis Lianos, in a post on social media. The president adds that in the last two years there have been more audits than ever before at the […]
Competition Commission: Regulatory intervention in the construction industry – Launch of second public consultation
The Competition Commission (“EA”) on 08.01.2021, bearing in mind article 11 of Law 3959/2011 on regulatory intervention in sectors of the economy, decided ex officio to initiate the relevant procedure in the construction sector, see related website https://www.epant.gr/enimerosi/kanonistiki-kataskeves.html. On 07.04.2021 EA published her first views in the construction sector and launched the first public consultation, […]
Competition Commission: Memorandum of cooperation with the Personal Data Protection Authority
On 5/8/2022, a Memorandum of Cooperation was signed between the Authority for the Protection of Personal Data and the Competition Committee, by the President of the Authority Mr. Konstantinos Menudakos and the President of the Competition Committee Professor Mr. Ioannis Lianos. The two authorities agreed on the development of closer ties between them, on the […]
Min. Development: The legislative regulations that contributed to the better and more efficient operation of the Competition Authority
Five important legislative regulations were promoted in the last three years by the Ministry of Development and Investments with a view to the better and more efficient operation of the Competition Commission. This is noted in an announcement by the ministry and the following regulations are recalled: – Incorporation of Directive 2019/1/EU, which strengthened the […]
Legislative regulations of the Ministry of Internal Affairs for the more efficient operation of the Competition Authority
In the last three years, the Minister of Development and Investments, Adonis Georgiadis, made important legislative arrangements for the better and more efficient operation of the Competition Commission. These arrangements concerned: – The incorporation of Directive 2019/1/EUwhich strengthened the guarantees of independence and resources of the Competition Commission, as well as the independence of the […]
Competition Dept.: OK to acquire Henry Dunan from Blantyre Capital Limited
The Competition Commission gave the “green light” to the acquisition of exclusive control by Blantyre Capital Limited over the company “Semi-Owned Private Limited Company OPERATING NURSING UNITS AND MEDICAL – DIAGNOSTIC CENTERS AND PROVIDING RELATED SERVICES” (Henry Dunan Hospital). In particular, at a meeting of the Competition Commission, on August 04, 2022 (Decision 795/2022), it […]
Competition Authority: Fines of 658,328 euros on six watch trading companies
The Competition Commission imposed fines totaling 658,328.18 euros on six companies active in the trade-distribution sector of wristwatches for infringing practices. In particular, with the under no. 757/2021 decision, the Plenary Session of the Competition Commission (EA) decided to impose fines totaling 658,328.18 euros on the companies: – TIME CENTER REPRESENTATIONS TRADE OF WATCHES JEWELERY […]
Competition Commission: Approval of merger of mutual marine insurance companies
The Competition Commission has approved the merger of the marine mutuals under the names “The Standard Club Ltd”, “The North of England Protecting and Indemnity Association Limited” and “The North of England Mutual Insurance Association (Bermuda) Limited”. Specifically, as stated in the announcement, the Competition Committee met today in a section and decided unanimously to […]