Subject: Decision of the Hellenic Competition Commission to impose fines totalling EUR 658.328,18 on six companies operating in the Greek market for the sale/ distribution of wristwatches for infringements of Articles 1 of Law 3959/2011 and/ or 101 TFEU

Published in Press Releases
Wednesday, 22 December 2021 12:18

Decision 757/2021

Decision on the case concerning: a) the complaint under ref. no. 3760/4.7.2017 lodged by the company KOSTARELOS S.A. against the companies: 1) “RIST HELLAS PC”, 2) “DIESEL HELLAS SA”, 3) “P. GKOGAS and Co GP”, 4) “TIME CENTER SA”, 5) “THE SWATCH GROUP (GREECE) SA”, 6) “SWATCH GROUP LTD”, 7) “AIKATERINI KANTZIKI-DIMITRIOS KOUTSIKOPOULOS IKE”, 8) “LOTHMAN TRADING B.V”, 9) “G. APOSPORIS”, 10) “SHOP & TRADE SA”, 11) “CHRONORA KALLIGERIS” and 12) “TAG HEUER HEADQUARTERS BRANCH OF LVMH SWISS MANUFACTURE SA”, for alleged infringements of Article 1 of L. 3959/2011 on the “Protection of Free Competition”, as in force and/or Article 101 of the Treaty for the Functioning of the European Union (TFEU), and b) the ex officio investigation conducted by the HCC’s Directorate-General for Competition (DGC) in the market for the sale/distribution of wristwatches, in order to determine whether the conditions for application of the provisions of articles 1 of L. 3959/2011 and/or 101 TFEU are met.

Published in 2021

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