TASKS AND POWERS OF THE HELLENIC COMPETITION COMMISSION
The Hellenic Competition Commission protects the proper functioning of the market and ensures the enforcement of the rules on competition. It acts as an independent authority and has administrative and financial autonomy.
- To maintain or restore fair trading in the market
- To protect consumers' interests
- To ensure economic growth
- Fight against practices which impede or distort competition and cause damage to consumers
- Fight against entry barriers in the market which must be free and open to all undertakings
- Co-operation and application of common standards together with the other European Competition Authorities and the European Commission
- Rational intervention
The Hellenic Competition Commission is the authority responsible for the enforcement of Greek law 703/1977, "On the Control of Monopolies and Oligopolies, and on the Protection of free Competition".
Law 2296/95 established the Competition Commission as an independent authority with administrative autonomy, and law 2837/2000 awarded it financial autonomy.
In particular, the Hellenic Competition Commission:
- Establishes the existence or not of cartels between undertakings that have as their object or effect the restriction of competition, according to the provisions of article 1 (1) of law 703/77.
- Decides whether to exempt those cartels which restrict competition but contribute positively to economic progress, benefit the consumers, do not create conditions for eliminating competition, or do not excessively bind the participating undertakings, according to the provisions of article 1 (3) of law 703/77.
- Determines whether undertakings have abused their dominant position in the market, according to article 2 of law 703/77.
- Determines whether one or more undertakings are abusing the relationship of economic dependence upon them of another undertaking which is their client or supplier, even if this relationship of dependence concerns only one type of product or service, and does not have an equivalent alternative, according to article 2a of law 703/77.
- Conducts preventive controls on concentrations in respect of their impact on competition, according to the provisions of articles 4 - 4f of law 703/77.
- Imposes sanctions for infringement of the provisions of law 703/77.
- Takes interim meausures in case of suspected infringement of articles 1, 2, 2a and 5 of law 703/77.
- Conducts investigations, either upon request of the Minister of Development or ex officio, of specific sectors of the Hellenic economy, and if it concludes that there are no conditions of effective competition in the said sector, it may, take any absolutely indispensable measure which concerns the structure of the market and aims at the creation of conditions for effective competition.
- Delivers opinions on competition issues either upon request of the Minister of Development or of any other competent Minister or by associations of Chambers and industrial or commercial associations.
- Is competent to enforce the provisions of articles 81 and 82 of the EC Treaty.
- Co-operates closely with the European Commission and the competition authorities of the other member states of the European Union in order to enforce the Community competition rules.
- Monitors the implementation of decisions taken by the Hellenic Competition Commission, the Ministries and the decisions by Courts on appeals against the former decisions.
The Hellenic Competition Commission has no jurisdiction over the application of the provisions of law 146/1914 on unfair competition, the application of which is in the competence of civil courts.