COVID-19

New Price Controls Provisions and HCC Investigation regarding Price Increases and Shortages in Healthcare Materials

By Legislative Act – Decree of 20 March 2020 (GG A’ 68/20.03.2020), the Greek State provides further measures in order to address abusive price speculation and shortages, in response to the coronavirus spreading risk.

COVID-19 and the Market: The HCC Urges Market Players to Comply with Competition Rules

On 7 March 2020, the Hellenic Competition Commission (HCC) issued a Press Release highlighting that the Authority will protect healthy competition in the market, consumers’ interests and economic growth during the COVID-19 pandemic. Potential intent to increase or maintain companies’ profits or pass-on financial burden to consumers through illegal agreements or unilateral abusive practices jeopardizes the public interest and harms the consumers, without any countervailing benefit for society.

News

COVID-19 and the Market: The HCC Urges Market Players to Comply with Competition Rules

On 7 March 2020, the Hellenic Competition Commission (HCC) issued a Press Release highlighting that the Authority will protect healthy competition in the market, consumers’ interests and economic growth during the COVID-19 pandemic. Potential intent to increase or maintain companies’ profits or pass-on financial burden to consumers through illegal agreements or unilateral abusive practices jeopardizes the public interest and harms the consumers, without any countervailing benefit for society.