Panayiotis Agisilaou is the founder and managing director of Trojan Economics. He is also an adjunct lecturer at the Open University of Cyprus. He has extensive consulting experience in advising companies in all fields of competition economics, with particular expertise in the application quantitative techniques to complex antitrust and merger issues. He has advised on competition matters and given expert evidence on almost all high-profile antitrust and merger cases (Phase I and Phase II), covering a wide range of sectors, before the Commission for the Protection of Competition in Cyprus. He has also testified as an expert witness in court and arbitration proceedings involving competition issues in Cyprus. Panayiotis has advised clients on a variety of regulatory issues across a range of network industries, such as telecommunications, energy and water, and in matters relating to state aid. He has extensive experience in providing competition compliance risk assessment and training. He also has experience in providing distilled expert advice on competition-related commercial litigation in Cyprus. Prior to founding Trojan Economics, he has acted as an Economic Advisor to the Chairman of the Commission for the Protection of Competition in Cyprus. Panayiotis holds a Ph.D. in Economics from the University of East Anglia, an M.A. in Economics for Competition Law from King’s College London, an M.Sc. in Economics from University College London (with Distinction) and a B.Sc. in Economics from the National and Kapodistrian University of Athens (ranked first). Panagiotis has published extensively on competition policy and regulation in Cyprus and the European Union and is a co-author of “Competition Policy in Cyprus : 1989-2009” published by Nomiki Vivliothiki, Athens. He is also an author at Concurrences and a case report contributor to Oxford Competition Law. He speaks at conferences and provides economics training for judges. He has been recommended and recognized in Who’s Who Legal 2020 as a leading competition economics expert.
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The joined cases were brought before the Administrative Court of Cyprus (hereinafter the “Court”) by ExxonMobil Cyprus Ltd, Hellenic Petroleum Cyprus Ltd, Petrolina (Holdings) Public Ltd and Coral Energy Products Cyprus Ltd (hereinafter the “petroleum companies”) against the Commission for the (...)
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The Administrative Court of Cyprus delivered its decision on the administrative recourse filed by the Mechanical and Electrical Contractors Association of Cyprus (“Applicant” or “MECAC”) against the Cyprus Commission for the Protection of Competition (“CPC” or “Respondent”) for the annulment (...)
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Introduction On 14 October 2019 the Cyprus Commission for the Protection of Competition (“CPC”) issued a decision imposing a fine of €33,843.81 on the Community Council of Kokkinotrimithia (“CCK”) for a violation of Section 6(1)(a) of the Protection of Competition Law (Law 13(I)/2008), as (...)
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Introduction On 10 September 2019 the Cyprus Commission for the Protection of Competition (“CPC”) terminated its ex officio investigation against JCC Payment Systems Ltd (“JCC”), having concluded that there have been no violations of Sections 3(1) and 6(1) of the Protection of Competition (...)
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Introduction On 27th August 2019 the Cyprus Commission for the Protection of Competition (“CPC”) issued a decision imposing a fine of €342,221.35 to the Cyprus Theatre Organisation (“THOC”) for a violation of Section 6(1) of the Protection of Competition Law (Law 13(I)/2008), as amended (...)
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Introduction On 16 April 2019 the Cyprus Commission for the Protection of Competition (“CPC”) rejected, by majority, a complaint filed by Palmerco Ltd (“Complainant”) on 17 February 2015. The complaint concerned an abuse of a dominant position by Detelina Dairy Ltd (“Respondent”) as well as (...)
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Introduction On 29 March 2019 the Cyprus Commission for the Protection of Competition (“CPC”) issued a decision imposing a fine of €237,181.76 on MTN Cyprus Limited (“MTN”) for a violation of Section 6(1)(b) of the Protection of Competition Law (Law 13(I)/2008), as amended (“Law”). The said (...)
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Introduction On 12th March 2019 the Cyprus Commission for the Protection of Competition (“CPC”) issued a decision imposing a fine of €78,889.28 on the Community Council of Kouklia (“CCK”) for a violation of Section 6(1)(a) of the Protection of Competition Law (Law 13(I)/2008), as amended (...)
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Introduction On 4 January 2019, the Cyprus Commission for the Protection of Competition (“CPC”) rejected a complaint filed by Archangel Funeral Services Plc (“Complainant”) on 2 November 2015. The complaint concerned an abuse of dominant position of The Holy Metropolis of Limassol (...)
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Introduction On 16 May 2018, the Cyprus Commission for the Protection of Competition (the “Commission”) imposed a fine of €1 193 864 on Hermes Airports Ltd for infringing Section 6(1)(a) of the Protection of Competition Law (Law 13(I)/2008), as amended (the “Law”). The aforesaid infringement (...)
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On 27/01/2016 the Cyprus Commission for the Protection of Competition (“CPC”) ended its investigation against eight commercial banks (Bank of Cyprus Public Company Ltd (“BOC”), Marfin Popular Bank Public Co Ltd (“Marfin”), Hellenic Bank Ltd (“Hellenic Bank”), Alpha Bank Cyprus Ltd (“Alpha (...)
