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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.

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

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 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 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 banking, insurance, 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
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Recognitions

AIG Acquisition Clearance

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.

Media-Saturn-Holding and Olympia Group Ltd. Joint Venture

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.

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.

Healthcare Provider Merger Clearance Procedures

We successfully represented Hellenic Healthcare Holding SA, a company majority controlled by funds advised by CVC, before the Hellenic Competition Commission, in its acquisition of sole control over Hygeia SA, a leading private healthcare provider in Greece. We had previously obtained clearance from the Hellenic Competition Commission with respect to Hellenic Healthcare’s acquisition of sole control over IASO General.

Alleged Price Fixing Appeal

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.

Competition Investigation and Antitrust Damages Litigation

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, as well as in relation to a parallel antitrust damages action that is pending against our client before the Civil Court.

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.

Advice to Leading Car Importer

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

Application of Antitrust Rules in Electronics Sector

We provide a market leader in electric and electronic devices with antitrust regulatory and compliance advice, including with respect to supply issues and pricing, as well as online sales.

Advice on Antitrust Compliance of Distribution Network

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.

Competition Advice to International Watch Manufacturer

We advise an international watch and jewellery manufacturer and its local subsidiary on antitrust compliance issues, including in the context of an ongoing investigation by the Hellenic Competition Commission and antitrust damages proceedings.

 

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 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.

Competition Advice to International Cosmetics Corporation

We 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.

Competition Advice on Cross-Border Merger

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

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.

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 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.

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 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 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.

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.

  • 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

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