The Hellenic Competition Authority imposes a fine of €4.3M on companies providing harbour tug services for restriction of competition via coordination agreements

Press Release - Fines of 4,360,818.28 euros to companies providing harbour tug services* Subject: Decision imposing fines totaling € 4,360,818.28 on the ex officio investigation and a relevant complaint, into the market for the provision of harbour tug services for alleged infringements of articles 1 of L. 3959/2011, and 101 of the Treaty on the Functioning of the European Union (TFEU). The Plenary Session of the Hellenic Competition Commission (hereinafter "HCC"), by its unanimous Decision no. 796/2022, adopted under the simplified settlement procedure of article 25a of L. 3959/2011 and Decision no. 790/2022 (which replaced HCC Decision no. 704/2020)(hereinafter “Notice on the Settlement Procedure”), accepted the relevant settlement proposals submitted by the companies: 1) "VERNICOS

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Hellenic Competition Authority, The Hellenic Competition Authority imposes a fine of €4.3M on companies providing harbour tug services for restriction of competition via coordination agreements, 29 September 2022, e-Competitions September 2022, Art. N° 108898

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