Greece: The leniency programme of the Hellenic Competition Commission

SUPPLEMENT - THE 2009 GUIDE TO COMPETITION AND ANTITRUST - October 01, 2009

Law Offices of Dr. P. Theodoridis – Dr. Helen Papaconstantinou

Address

Koumbari 2 GR-10674 Athens

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+30 210 3626 624; +30 6937 247 008 (mobile)

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After its last amendment with Law 3373/ 2005, the Greek basic Law 703/177 on the control of monopolies and oligopolies and the protection of free competition has been revisited. This was done to introduce to the Greek legal system the provisions of the Regulation 1/2003, which has constituted the keystone of the modernisation of the European Union's antitrust enforcement rules and procedures, in force since May 1 2004.

The Hellenic Competition Commission (HCC) has earned since then an upgraded status, and has entered on European level into an institutional substantial cooperation with the EC and the national competition authorities, and the courts of the rest of the member states for the application of community legislation. So, today the HCC makes part of the European Competition Network (ECN), which operates as an open and permanent forum for the exchange of information between all national competition commissions of the European...



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