A PYMNTS Company

Greece: Parliament tables amendment

By  |  February 1, 2016

Unexpectedly, without the Hellenic Competition Commission being consulted or even notified, an amendment to L. 3959/2011 has been tabled. “On the Protection of Free Competition” (Greek Competition Act) incorporated in an irrelevant draft law, which is to be discussed in today’s plenary session of the Greek Parliament. The proposed amendment, introduced under a fast-track procedure, does not satisfy the conditions of good law-making process and is a severe blow to the Authority’s independence.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Furthermore, the proposed provisions, apart from being partly photographic in nature, reverse the Authority’s long course towards independence and raise serious issues as to the effectiveness of its operation. For that reason, the HCC, under its institutional role requests (with one of its members’ minority vote) that the proposed amendment be withdrawn.

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Full content: Hellenic Competition Commission

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.