In 2016, the Hellenic Competition Commission’s intense investigatory activity was reflected in nine Statements of Objections.
After the adoption of a Leniency Programme (2011) and a Commitments Procedure (2014), the recent introduction by the Hellenic Competition Commission of a Settlement procedure consummates the procedural modernisation of Greek competition law.
Introduction In order to protect European businesses, and in particular small – medium enterprises (SMEs), against late payment, the EU adopted a new directive known as the Late Payment Directive on 16 February 2011. The Directive is aimed at improving payment practices in commercial transactions between businesses, and between businesses…