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Antitrust Litigation refers to legal actions focused on ensuring fair competition in the marketplace. In Corfu, Greece, antitrust law is based on both national Greek legislation and European Union regulations. The main goal is to prevent and remedy anti-competitive practices such as price-fixing, monopolies, market sharing, and abusive conduct by dominant companies. Businesses and individuals in Corfu operating in sectors like tourism, retail, and services may encounter antitrust issues, especially if competition is restricted or manipulated. The Hellenic Competition Commission is the main administrative body enforcing these laws, while the courts of Greece handle private antitrust litigation cases.
You may need a lawyer for antitrust litigation in Corfu if you are dealing with situations such as:
Legal counsel is essential, as antitrust matters involve complex regulations, potential penalties, and possible compensation claims.
Antitrust litigation in Corfu is primarily governed by Greek Law 3959/2011 on the Protection of Free Competition, as well as related EU laws, primarily Articles 101 and 102 of the Treaty on the Functioning of the European Union. Key aspects include:
Antitrust actions can be initiated by authorities (public enforcement) or by private individuals and businesses through the courts (private enforcement).
Antitrust litigation involves legal proceedings against companies or individuals accused of anti-competitive practices such as cartels, abuse of dominance, or unlawful agreements that harm marketplace competition.
Enforcement is led primarily by the Hellenic Competition Commission, while local courts, including those in Corfu, handle private lawsuits and claims for damages resulting from antitrust violations.
Prohibited conduct includes price-fixing, bid rigging, market allocation, abuse of dominant position, and certain restrictive distribution practices.
Yes, anyone affected by anti-competitive conduct can submit a complaint to the Hellenic Competition Commission or initiate a lawsuit for damages in the civil courts.
Investigations typically involve analysis of market conditions, collection of business documents, witness testimonies, and sometimes dawn raids on company premises.
Penalties can include substantial administrative fines, damages payments, invalidation of contracts, and, in severe cases, criminal charges.
Yes, as Greece is part of the EU, European competition rules apply alongside Greek law. This can lead to cases being jointly investigated or prosecuted by EU and Greek authorities.
Cases can take several months to a few years, depending on their complexity, the amount of evidence, appeals, and potential involvement of EU bodies.
Yes, while larger companies are often scrutinized, small businesses can also be subject to investigation, for example, if found colluding with competitors or engaging in resale price maintenance.
Look for an attorney with experience in competition law, knowledge of both Greek and EU regulations, and a history of handling similar cases. Referrals, professional listings, and initial consultations can help in making an informed choice.
The following organizations and resources can provide further information and assistance with antitrust litigation in Corfu, Greece:
If you believe you require legal assistance with an antitrust matter in Corfu, Greece, consider the following steps:
Taking prompt and informed action is vital to safeguarding your business interests and ensuring compliance with complex competition laws in Corfu and throughout Greece.
