Antitrust and Competition

Greek and EU competition law purports to ensure free competition by punishing monopolies and cartels. The main policy areas of EU competition law, which is largely inspired by US antitrust law, include cartels, monopolies, merger controls and State aid. The same areas are also reflected in local laws implementing the relevant European Commission directives and guidelines.

Given the strictness and complexity of the relevant legal framework, antitrust advice is of paramount importance to businesses, as cartel activity can entail substantial regulatory fines, dominant undertakings and controlled mergers can be disallowed and State aid may have to be refunded.

Machas & Partners offers top-level, client-focused services, in close collaboration with associated counsel in Brussels, providing transaction support on all aspects of EU and Greek competition law. We also routinely advise clients on business practices, antitrust audits and compliance.

For more information about our Antitrust and Competition practice please contact Diana Vougessis.