'the team is outstanding ... proactive in anticipating challenges before they arise ... they always go the extra mile to ensure matters are handled smoothly and effectively'
The Legal 500 EMEA 2026
'genuinely act as business partners, always being available, quick to respond, and never losing sight of the bigger picture ... highly skilled and experienced in both local and international matters, making them great at handling complex issues'
Chambers Europe 2026
'extremely business-oriented ... able to comprehend complex business issues and adapt legal strategies around the particularities of the organisation'
Chambers Europe 2025
Our practice is a market leader, with a history dating back to Greece’s accession to the EU and a successful track record of advising in landmark competition and antitrust matters, including merger control cases, cartel investigations and related litigation, concerted and restrictive practices, market and sectoral investigations, abuse of dominance and State aid cases.
Our clients include Greek, foreign and multi-national corporations. We have also advised government bodies on the implementation of the directives liberalizing State monopolies and represented Greece in negotiations with the EU on State aid granted to Greek industries.
EU
Our department provides comprehensive advice on all areas of EU law, with unrivalled experience in advising our clients on the EU law aspects of commercial, corporate and banking transactions and analyzing the implications of new legislation on their business activities. Our team also has extensive experience in the application of EU public procurement rules, advising both bidders and contracting authorities on the procedures and legal requirements for the award of public contracts. Over the years, we have prepared numerous reports on the implementation of EU law, including regularly working on European Commission studies in a wide range of fields, such as energy and transport.
Competition & Antitrust
Our team has a long-running expertise in cases involving cartels and anticompetitive agreements, representing clients in dawn raids and settlement procedures, as well as preparing applications for leniency. We have been involved in the first case where settlement proceedings were instituted before the Hellenic Competition Commission. We are experienced in antitrust investigations and damages claims, including abuse of dominance cases. We regularly represent clients before the Hellenic and European Competition Authorities in merger filings and were involved in the first merger clearance decision where the failing firm defense was upheld by the Hellenic Competition Commission. We represent clients before the Administrative Courts on appeals against the Hellenic Competition Commission’s decisions. We have a strong track record in developing merger control and compliance strategies and preparing for merger clearances and State aid approvals. We also have experience in submitting appeals before the European Courts against State aid infringement decisions of the European Commission. We regularly advise on possible antitrust and competition law issues arising in the context of commercial arrangements, including exclusive and selective distribution, franchising, online sales and information exchange and help clients successfully structure and shape their sales and service networks.
A significant part of our EU, Competition & Antitrust practice is dedicated to assisting clients on an ongoing basis on risk and strategy assessment and regulatory compliance. We advise on compliance strategies and run training programs for investigations by the competition authorities tailored to the individual requirements of our clients. These include designing reaction policies and offering on-site assistance in dawn raids as well as running mock-dawn raids.
We also work extensively with the Firm’s M&A and Privatizations groups in advising on the EU, competition and antitrust aspects of cross-border and cross-section transactions. Our specialization extends to sector specific experience across a number of highly regulated industry sectors.
A significant part of our EU, Competition & Antitrust practice is dedicated to assisting clients on an ongoing basis on risk and strategy assessment and regulatory compliance. We advise on compliance strategies and run training programs for investigations by the competition authorities tailored to the individual requirements of our clients. These include designing reaction policies and offering on-site assistance in dawn raids as well as running mock-dawn raids.
We also work extensively with the Firm’s M&A and Privatizations groups in advising on the EU, competition and antitrust aspects of cross-border and cross-section transactions. Our specialization extends to sector specific experience across a number of highly regulated industry sectors.
Foreign Direct Investment & Foreign Subsidies Regulation
As part of our practice, we provide legal and strategic guidance to our clients in relation to international investments, including FDI and FSR compliance, which is increasingly critical in M&A transactions. Our work includes advising on FSR and FDI regimes, managing the screening process, liaising with the competent authorities and obtaining the necessary regulatory approvals.
Recent Experience
Aktor Group of Companies Merger Clearance for the Acquisition of ENTELECHEIA
We advised Aktor Group of Companies in successfully obtaining phase 1 merger clearance from the Hellenic Competition Commission for the acquisition of sole control over ENTELECHEIA.
Clearance for the Sale of Dodoni to Hellenic Dairies
We advised Vivartia Group in the merger clearance process before the Hellenic Competition Commission (HCC) regarding the sale of Dodoni SMSA to Hellenic Dairies SA. The HCC unconditionally approved the transaction in phase 1. As part of our work, we also assisted the client in relation to the merger clearance procedure before the Commission for the Protection of Competition (CPC) in Cyprus.
Merger Control in Concessions
We advised Aktor Group of Companies in successfully obtaining phase 1 merger clearance from the Hellenic Competition Commission in relation to its c.€367m acquisition of AKTOR Concessions to strengthen the group’s PPPs and concessions footprint.
Merger Clearance in the Energy Sector
We advised Aktor Group of Companies and Green Line Energy in successfully obtaining phase 1 clearance from the Hellenic Competition Commission for the acquisition of joint control over Sun Force One, a company active in renewable energy.
Competition Law Compliance Advice
We are advising the Greek subsidiary of a leading global supplier of technology and services, providing them regular onsite training on compliance with competition rules in their day-to-day business activities.
Advice on Antitrust Compliance of Distribution Network
We are advising a natural cosmetics company, member of a multinational group, on competition law issues on an ongoing basis, including the reform of its distribution network in Greece and abroad.
Selective Distribution Advice
We advice a company on the design of a compliant selective distribution system in Greece for branded products, including online sales parameters.
Merger Clearance in the Automotive Industry
We advised Kosmocar, the official importer of VW, Audi and Skoda automobiles and Ducati motorcycles in Greece, in obtaining phase 1 merger clearance from the Hellenic Competition Commission for its acquisition of sole control over MAN Hellas Truck & Bus SA, the Greek subsidiary and exclusive importer of the MAN vehicles and spare parts.
Unconditional Merger Clearance in the Banking Sector
We advised Pancreta Bank in obtaining phase 1 merger clearance from the Hellenic Competition Commission (HCC) in relation to the merger of Pancreta into Attica Bank (the Merged Bank). Concurrently, we advised Thrivest Holding LTD (Thrivest), a holding company owned by prominent Greek entrepreneurs, in obtaining phase 1 clearance from the HCC for the acquisition by Thrivest of sole control over the Merged Bank. The two transactions were cleared by the HCC as a single transaction, resulting in the creation of the fifth banking pillar in Greece.
Merger Clearance in the IT Sector
We advised Unity Holding Company, a holding company jointly controlled by Olympia Group and Rucio Investment Sàrl, in obtaining phase 1 merger clearance from the Hellenic Competition Commission (HCC) for the acquisition of Entersoft SA. Simultaneously, our team advised the parties on the change of control over SoftOne, which was also cleared unconditionally in phase 1 by the HCC as a single and interrelated transaction with the Entersoft acquisition. As part of our work, we also coordinated the merger clearance procedure before the Commission for the Protection of Competition (CPC) in Cyprus.
Competition Advice in the Energy Sector
We advised Abu Dhabi Future Energy (Masdar) on the competition law aspects of the acquisition of TERNA ENERGY by the group’s local subsidiary, Masdar Hellas, from GEK TERNA and other shareholders of TERNA ENERGY.
Unconditional Merger Clearance in the Construction Sector
We advised Aktor Group of Companies on obtaining unconditional merger clearance from the Hellenic Competition Commission and thereafter on the successful completion of its acquisition of 100% of Aktor SA and its subsidiaries, a landmark transaction in the Greek constructions market.
Merger Clearance under Failing Firm Defence in the Maritime Sector
We successfully represented Attica Group and ANEK in the merger clearance procedure before the Hellenic Competition Commission (HCC) in relation to the merger by absorption of ANEK by Attica Group and the repayment by the post-merger entity of ANEK's loan obligations to its creditors. The HCC unanimously approved the merger under the failing firm defence. This is a landmark decision as it is the first case to be approved under the failing firm defence by the HCC. We have previously successfully advised Attica Group with respect to the merger clearance procedure before the HCC of its acquisition of sole control over Hellenic Seaways.
Competition Law Advice to Apparel Manufacturer
We have successfully represented the local subsidiary of an international leading clothes and apparel manufacturer in relation to an investigation by the Hellenic Competition Commission (HCC) for alleged anticompetitive conduct, as well as in parallel antitrust damages action before the Civil Courts. The HCC has ruled in favour of our client, finding that our client has not breached competition law. The Civil Courts have also rejected the claim against our client, both at first and second instance. Previously, we had advised the client’s parent company on potential competition law issues arising in the context of the restructuring of its local business in Greece.
Competition Advice to International Watch Manufacturer
We are advising an international watch and jewellery manufacturer and its local subsidiary on competition law and antitrust compliance issues. We have successfully represented the client in the context of an investigation by the Hellenic Competition Commission (HCC) for alleged anti-competitive practices, as well as in relation to parallel antitrust damages litigation proceedings before the Civil Courts. The HCC has found no infringement was committed by our client.
EC Filling for Joint Control
We advised a private equity fund on the notification before the European Commission of joint control over the right to use, operate, manage and exploit a marina in Southern Greece.
Acquisition Clearance of Med Frigo Group
We advised an international investor on their participation in the acquisition of Med Frigo Group, which is active in the provision of integrated services in national and international transportation and cold chain logistics, including assisting in obtaining phase 1 merger clearance from the Hellenic Competition Commission.
Application of Antitrust Rules in Electronics Sector
We provide a market leader in electric and electronic devices with ongoing regulatory and compliance advice, including on the application of antitrust rules to supply issues, pricing and discount policies, online sales and assessing compliance of commercial agreements with competition rules.
BMW Hellas Competition Law Compliance Advice
We advise BMW Hellas in relation to the structuring and operation of its distribution and service network in Greece, including the compliance of its commercial policy with competition rules and the competition law issues arising in its day-to-day operations.
Competition and Regulatory Advice to Global Biopharmaceutical Company
We advise a global biopharmaceutical company on competition, antitrust and regulatory issues relating to pharmaceutical legislation on an ongoing basis.
Competition Litigation
We advised a financial services company on competition law issues relating to a claim for damages and relief in relation to losses from anti-competitive arrangements for ATM transactions. These arrangements are part of the rules set by Mastercard and Visa for acquirers and ATM operators.
Advice to Kosmocar
We advise Kosmocar, the official importer of VW, Audi and Skoda automobiles and Ducati motorcycles to Greece, in relation to competition law matters arising from the operation of its distribution and repair network in Greece.
Motor Oil Acquisition of Thalis ES SA
We have represented Motor Oil in obtaining Phase 1 merger clearance from the Hellenic Competition Commission in relation to the acquisition of 100% of Thalis ES SA, a company active in the waste management and electricity sectors.
Motor Oil Acquisition of ELIN VERD
We have represented Motor Oil in obtaining Phase 1 merger clearance from the Hellenic Competition Commission in connection with the acquisition of 100% of ELIN VERD, a company active in the Greek biodiesel sector.
Competition Law Advice for MBC Group's Investment in Antenna Greece
We advised MBC Group on the competition law aspects of their €225m investment in Antenna Greece BV, the parent company of Antenna TV and Makedonia TV, including merger clearance conditions.
HCC Investigation into Banking Services
We advised the Greek subsidiary of a financial technology solutions and payments provider group in relation to client’s submissions to the Hellenic Competition Commission (HCC) as part of the HCC’s ex officio investigation into the provision of banking services.
Competition Law Damages Claim
We represent a multinational company in follow-on damages claim for breach of competition law brought against it by the Greek State.
Hellenic Republic Recovery and Resilience Plan
Together with PwC, we have assisted the Hellenic Republic with the submission of its national resilience plan to the European Commission for approval as part of the EU Recovery and Resilience Fund from a competition law and State aid perspective.
Annulment Action against State Aid Decision before the European General Court
We have acted for a leading company in the food and agricultural business sector in the context of an action filed before the European General Court for the annulment of a European Commission State aid infringement decision. We are also advising the client on an ad hoc basis in relation to possible courses of action nationally.
Competition Dispute on Alleged Collusion
We successfully represented (for a second time) a major oil company before the Athens Administrative Court of Appeals in its appeal against the Hellenic Competition Commission (HCC)’s decision relating to its alleged collusion with a company operating in the same sector to fix ratios of discounts offered to petrol station owners on wholesale prices of unleaded petrol, as well as in enforcement proceedings initiated by the HCC and the Greek tax authorities.
European Commission Studies
We have worked with the European Commission as a correspondent law firm in a number of studies including the harmonisation of the sanction systems in the road transport sector, the compensation mechanisms for economic loss suffered by ports and other bodies as a result of accommodating ships in distress, and passenger rights in urban public transport, passenger transport by taxi, hire car with driver and ridesharing, the application of EC Directive 1999/44 on certain aspects of the sale of consumer goods and associated guarantees (CSGD) in Greece and the liability of carriers of passengers by sea in the event of accidents.
Competition Advice to International Cosmetics Corporation
We have successfully represented the subsidiary of an international cosmetics corporation in appeal proceedings before the Athens Administrative Court of Appeals, which overturned the Hellenic Competition Commission's prior decision imposing a fine on the company for alleged anticompetitive conduct and continue to advise on competition law issues on an ad hoc basis since 2006.
Prinos Oil Concession
We acted for the Hellenic Republic in relation to the provision of temporary operating State aid to the Prinos Oil Concession project company due to the Covid-19 pandemic.
Competition Advice to International Group
We have represented a leading international group in relation to proceedings before the Hellenic Competition Commission concerning alleged antitrust infringements in the context of public works tenders, including representing them during the first settlement procedure introduced in 2016 in Greece, resulting in no fine being imposed on the client. This was the first case where the settlement procedure was initiated.
