The Greek Parliament has introduced changes to the existing competition law.

Under a new bill, the maximum age limit of demitting office from the HCC is set at 73 years for the President, and Vice-president and at 70 years for the rest of the board members. Further, the new changes also provide that the members of HCC should in no way have any blood or marriage relation with any person who is a member of the Greek or the European Parliament, or the government.

Both these changes will see the current Chairman and Vice-Chairman being ousted from their current position in the HCC. The Government’s move has seen strong reaction from HCC who independence is being perceived under severe threat. The HCC said that the amendment was submitted without being previously consulted, raising serious issues over the efficiency of its operation.