About Antitrust Law in Greece
Antitrust law in Greece aims to promote fair competition in the market by prohibiting anti-competitive practices such as price-fixing, bid-rigging, and market sharing. The main legislation governing antitrust in Greece is Law No. 3959/2011, which is in line with EU competition law.
Why You May Need a Lawyer
You may need a lawyer specializing in antitrust law if you are facing an investigation by the Hellenic Competition Commission, are involved in a merger or acquisition that raises competition concerns, or if you believe your rights have been violated by anti-competitive practices.
Local Laws Overview
Key aspects of antitrust law in Greece include the prohibition of cartels, abuse of dominance, and anti-competitive agreements. The Hellenic Competition Commission is responsible for enforcing antitrust laws in Greece and can impose fines and other penalties for violations.
Frequently Asked Questions
Q: What is the Hellenic Competition Commission?
A: The Hellenic Competition Commission is the independent authority responsible for enforcing antitrust laws in Greece and promoting fair competition in the market.
Q: What are examples of anti-competitive practices?
A: Examples include price-fixing, bid-rigging, market sharing, and abuse of dominance in the market.
Q: How can I file a complaint with the Hellenic Competition Commission?
A: You can file a complaint by sending a written submission to the HCC detailing the anti-competitive behavior and providing evidence to support your claim.
Q: What penalties can be imposed for violating antitrust laws in Greece?
A: The HCC can impose fines, cease-and-desist orders, and other remedies to address anti-competitive behavior.
Q: How long does an antitrust investigation typically take in Greece?
A: The length of an investigation can vary depending on the complexity of the case, but it usually takes several months to a few years to reach a final decision.
Q: Can I appeal a decision by the Hellenic Competition Commission?
A: Yes, you can appeal a decision to the Athens Administrative Court of Appeals within two months of receiving the decision.
Q: What is the leniency program for whistleblowers in Greece?
A: The leniency program allows whistleblowers to report their involvement in a cartel or other anti-competitive behavior in exchange for reduced fines or immunity from prosecution.
Q: Are there any exemptions to antitrust laws in Greece?
A: Certain agreements may be exempt from antitrust laws if they contribute to improving production or distribution, benefit consumers, and do not eliminate competition in the market.
Q: Can individuals be held liable for violating antitrust laws in Greece?
A: Yes, individuals who engage in anti-competitive practices can be held personally liable and face fines or other penalties.
Q: How can I stay informed about antitrust developments in Greece?
A: You can follow updates from the Hellenic Competition Commission and consult legal experts specializing in antitrust law for guidance on compliance and best practices.
Additional Resources
For more information on antitrust law in Greece, you can visit the official website of the Hellenic Competition Commission at www.hec.gr or seek guidance from legal organizations such as the Greek Bar Association.
Next Steps
If you require legal assistance in antitrust matters in Greece, it is advisable to consult with a qualified antitrust lawyer who can assess your situation, provide guidance on compliance with antitrust laws, and represent your interests before the Hellenic Competition Commission or in court if necessary.
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