Greece

Active Enforcement

Law 3959/2011 on the Protection of Free Competition

Authority: Hellenic Competition Commission (HCC / Epitropi Antagonismou) | Enforcement: Active

Overview

Greece has a well-developed competition regime under Law 3959/2011, enforced by the Hellenic Competition Commission (HCC). The HCC is an independent authority with investigative, decision-making, and sanctioning powers. Greek competition law mirrors EU Treaty provisions and operates in parallel with EU rules. The HCC has been active in enforcement across sectors including financial services, food, energy, and construction. The authority transposed the ECN+ Directive in 2021, significantly enhancing its enforcement powers including the ability to impose structural remedies and strengthened dawn raid capabilities. The HCC has also been increasingly focused on digital markets.

14-Topic Competition Coverage

Competition Authority

Fully Addressed

The Hellenic Competition Commission is an independent authority with full investigative, decision-making, and sanctioning powers. Appeals go to the Athens Administrative Court of Appeal.

Anti-Competitive Agreements (Horizontal)

Fully Addressed

Article 1 of Law 3959/2011 prohibits horizontal cartels including price-fixing, market allocation, and bid-rigging. Major cases in construction, banking, and food sectors.

Anti-Competitive Agreements (Vertical)

Fully Addressed

Vertical restraints are prohibited under Article 1. The HCC has investigated resale price maintenance, selective distribution, and territorial restrictions in consumer goods.

Abuse of Dominance

Fully Addressed

Article 2 prohibits abuse of dominant position, mirroring Article 102 TFEU. Significant cases in energy, telecoms, and port services.

Merger Control

Fully Addressed

Mandatory pre-notification for concentrations exceeding turnover thresholds (combined worldwide turnover of EUR 150 million and combined Greek turnover of EUR 15 million). Phase I/II review.

Leniency Programme

Fully Addressed

Full immunity or reduced fines under the HCC leniency programme. Aligned with the ECN Model Leniency Programme. The programme has yielded several cartel detections.

Settlement & Commitment

Fully Addressed

Settlement procedure allows fine reductions of up to 15%. Commitment decisions under Article 25A permit cases to close with binding undertakings without an infringement finding.

Penalties & Sanctions

Fully Addressed

Fines up to 10% of worldwide turnover. Personal fines for individuals involved in cartel conduct. No criminal sanctions for antitrust violations under competition law.

Digital Markets Regulation

Fully Addressed

Greece applies the EU Digital Markets Act. The HCC has conducted studies on digital markets and actively monitors platform competition issues.

Sector Regulators

Fully Addressed

EETT (telecoms and post), RAE (energy), and the Hellenic Capital Markets Commission exercise concurrent regulatory powers in their sectors.

Dawn Raids & Investigations

Fully Addressed

The HCC conducts dawn raids with enhanced powers following ECN+ transposition. Powers include access to premises, seizure of documents, and forensic imaging of digital devices.

Private Enforcement

Fully Addressed

Private damages actions available following transposition of the EU Damages Directive. Civil courts have jurisdiction. Follow-on and standalone claims are possible.

International Cooperation

Fully Addressed

Active member of the ECN, ICN, and OECD Competition Committee. Close cooperation with the European Commission and neighbouring Balkan authorities.