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 main clients are Greek, foreign and multi-national corporations.
strong international experience and knowledge of competition law issues … high expertise ... strong experience not limited only to the Greek legal environment
The Legal 500 EMEA 2020
consistent quality ... very thorough
Chambers Europe 2020
a superb reputation
The Legal 500 EMEA 2019
great clientele ... can ensure good quality
Chambers Europe 2018
what really differentiates the team is that it consistently applies the same ethical values as our company
Chambers Europe 2017
quick, consistent and knowledgeable, the team ... is also solution-oriented and customer-focused
The Legal 500 EMEA 2016
Chambers Europe 2016
We have also advised government bodies on the implementation of the directives liberalising State monopolies and represented Greece in negotiations with the EU on State aid granted to Greek industries.
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. We also 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, internet 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 Privatisations groups in advising on the EU, competition and antitrust aspects of cross-border and cross-section transactions. Our specialisation extends to sector specific experience across a number of industry sectors including banking, insurance, energy, automobile, food and drink, cosmetics & health care products, pharmaceuticals and life sciences, construction, real estate, retail, software and computer services, electronic communications, media, transport, telecommunications, consumer protection, gaming, travel and leisure and public procurement.
We successfully represented the AIG Group before the Hellenic Competition Commission in relation to the acquisition of sole control over AIG Greece SA, the Group’s Greek branch’s sole legal representative in Greece.
We are advising Media-Saturn-Holding GmbH (MSH) on the competition law aspects, including merger control review, of their proposed merger with Olympia Group Ltd of the operations of Media Saturn Electronics Hellas Commercial and Holding AE with Retail World SA into a new joint venture company. The Hellenic Competition Commission’s clearance decision of the transaction was issued in November 2019.
We have successfully represented the Attica Group, a leader in the provision of international ferry services in the Eastern Mediterranean sea, with respect to the merger clearance procedure before the Hellenic Competition Commission of its acquisition of sole control over Hellenic Seaways, the biggest merger in the maritime sector to have taken place in Greece, including providing ongoing support to the client on the implementation of the commitments undertaken before the Hellenic Competition Commission as part of the clearance decision.
We have successfully represented CVC before the Hellenic Competition Commission in its acquisitions of control, through funds advised or managed by it, of Hygeia SA and IASO General active in the private healthcare sector, of D Marinas Hellas, active in the Greek marinas market, and more recently of Skroutz SA, active in the e-commerce sector in Greece.
We represented Hellenic Fuels (previously BP Hellas) in their appeal, before the Athens Administrative Court of Appeals, of the Hellenic Competition Commission (HCC)’s decision on alleged collusion with Shell Hellas. The Administrative Court of Appeals’ decision was challenged by the HCC before the Council of State. The Council of State’s decision on the HCC appeal was issued in September 2019 and the case has been referred back to the Administrative Court.
We are advising the Greek subsidiary of an apparel manufacturer in relation to an ongoing investigation by the Hellenic Competition Commission for alleged anticompetitive conduct with other market players. We have also successfully represented the client in relation to a parallel antitrust damages action before the Civil Court.
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.
We advise Kosmocar SA, the official importer of VW, Audi and Skoda to Greece in relation to competition law matters arising from the operation of its distribution and repair network in Greece.
We provide a market leader in electric and electronic devices with antitrust regulatory and compliance advice, including with respect to supply issues, pricing and online sales, and we have also recently run a mock dawn raid as part of the client’s overall compliance strategy
We advise a natural cosmetics company on competition law matters, including the design and operation of its distribution network in Greece and abroad, according to antitrust rules.
We advise an international watch and jewellery manufacturer and its local subsidiary on antitrust compliance issues, including providing on-site training and support to the local subsidiary. We are currently representing the client in the context of an ongoing investigation by the Hellenic Competition Commission for alleged anti-competitive practices and have successfully represented the client in antitrust damages proceedings.
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.
We advise a global biopharmaceutical company on competition and antitrust issues as well as on regulatory issues related to pharmaceutical legislation.
We have successfully represented the subsidiary of an international cosmetics corporation on 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 with other market players, as well as continue to advise the client on competition law issues since 2006 on an ongoing basis.
We advised a tobacco company on the competition law aspects of a major cross border acquisition transaction.
We advised a consortium of international financing institutions including the European Investment Bank (EIB) and European Bank for Reconstruction and Development (EBRD), on the regulatory, EU & competition law issues arising in the context of the project financing of TAP’s development of a c.871km gas pipeline connecting to the Trans-Anatolian Natural Gas Pipeline from the Greek Turkish border and running through Greece and Albania to Italy, connecting with the Italian natural gas distribution system near San Foca under the sponsorship of AzTap GmbH, Snam Spa, BP Gas Marketing, Fluxys Europe, Enagas Internacional, SLU and Axpo Trading.
We advised the local subsidiary of a US-based multinational biopharmaceutical company with respect to local dawn raid procedures, including drafting and providing instructions and guidelines.
In the context of the privatisations of TRAINOSE and ROSCO, we advised the Hellenic Republic Asset Development Fund (HRADF) on the regulatory framework applicable to the rail sector, in particular with regard to the unbundling of the railway sector in the context of the Second Railway Legislative Package enacted by the EU and relevant procurement and competition law issues.
We advised a leading construction company on the competition and State aid aspects of its proposed construction and grant of wholesale access to a broadband (NGA) infrastructure in Greece.
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.
We advised Renault in the successful defence of complaints submitted before the Hellenic Competition Commission (HCC) by its former Greek representative. We also successfully represented Renault before the Athens Administrative Court of Appeals, which rejected the complainant’s appeal against the HCC decision.