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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.

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

invaluable assistance

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.

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 analysing 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 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 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.

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 energy, automobile, food and drink, cosmetics & health care products, pharmaceuticals and life sciences, real estate, retail, software and computer services, electronic communications, media, transport, telecommunications, consumer protection, gaming, travel and leisure and public procurement.

Who to contact

Contact Marina
Contact Augustine

Recognitions

 

Merger Clearance in Maritime Transport Sector

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.

Merger Clearance in Healthcare Sector

We have successfully represented Hellenic Healthcare Sàrl, part of the CVC Group, with respect to the merger clearance procedures before the Hellenic Competition Commission of its €19.4m acquisition of sole control over IASO General and, more recently, of its acquisition of sole control over HYGEIA Group. Both acquisitions were cleared unconditionally.

Competition Investigation

We are advising the Greek subsidiary of an apparel manufacturer in relation to an ongoing investigation by the Hellenic Competition Commission into potential anti-competitive conduct, including assisting the client during a dawn raid at its premises and in the follow-up process, and offering training on antitrust compliance to local management.

Competition Advice to International Cosmetics Corporation

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 of c. €1.79m on the company for alleged anticompetitive conduct with other market players and on competition law issues since 2006 on an ongoing basis.

Dawn Raid Procedures

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.

Competition Aspects of Broadband Infrastructure

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.

Competition Advice on Cross-Border Merger

We advised a tobacco company on the competition law aspects of a major cross border acquisition transaction.

Competition Aspects of Tender for Privatisation of TRAINOSE and ROSCO

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.

Alleged Price Fixing Appeal

We represented Hellenic Fuels (previously BP Hellas) in their successful appeal of the Hellenic Competition Commission (HCC)’s decision on alleged collusion with Shell Hellas. The Council of State’s decision on the HCC appeal is pending.

Trans Adriatic Pipeline AG (TAP) Project

We advised a consortium of international financing institutions including the EIB and 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.

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, including representing them in the context of the settlement procedure introduced in 2016 in Greece, resulting in no fine being imposed. This was the first case where the settlement procedure was initiated.

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 Antitrust Advice to Global Biopharmaceutical Company

We advise a global biopharmaceutical company on competition and antitrust issues as well as on regulatory issues related to pharmaceutical legislation, on an ongoing basis.

Advice to Leading Car Manufacturer

We are advising a leading car manufacturer in relation to competition law matters arising from the operation of its local distribution and repair network.

Application of Antitrust Rules in Electronics Sector

We provide a market leader in electric and electronic devices with ongoing regulatory and compliance advice, particularly with respect to the application of antitrust rules to supply issues, pricing and discount policies and assessing the compliance of commercial agreements with competition rules.

Advice on Antitrust Compliance of Distribution Network

We advise a natural cosmetics company on competition law matters on an ongoing basis, including the design of its distribution network according to antitrust rules both in Greece and abroad.

Competition Advice to International Watch Manufacturer

We advise an international watch and jewellery manufacturer on their day to day competition law issues, including review of its local distribution agreements and training on antitrust compliance to local management.

Successful Representation of Renault before Hellenic Competition Commission and the Athens Administrative Court of Appeals

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.

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.

Implementation of EU Directive on Natural Gas

We advised a petroleum company on the implementation of the EU Directive introducing common rules for the transmission, distribution, supply and storage of natural gas in the EU, aimed at creating a competitive, secure and environmentally sustainable market in natural gas.

Eurobank Acquisition Clearance

We represented Eurobank Ergasias in relation to obtaining derogation and clearance from the Hellenic Competition Commission (HCC) for its acquisition of New Hellenic Post Bank and New Proton Bank, preparing and filing the relevant notifications and derogation applications and representing Eurobank Ergasias in HCC proceedings.

  • horizontal and vertical agreements
  • compliance of commercial agreements with EU and national antitrust rules
  • competition and EU law aspects of commercial, corporate and banking transactions
  • merger control, notifications of mergers and acquisitions
  • applications for derogation
  • dawn raids, preparation of guidelines and on-site assistance
  • testing compliance by running mock dawn raids
  • providing training on antitrust compliance
  • alleged cartels and abuses of dominance
  • representations before the Hellenic Competition Commission and the Administrative  Courts
  • private antitrust and competition disputes
  • application of State Aid rules
  • providing advice on the application of EU law, especially in the context of public procurement award procedures