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Be aware of the EU watch dog: Commission blocks merger between Aegean Airlines and Olympic Air
  • McDermott Will & Emery
  • European Union, Greece
  • April 29 2011

Against a background of the ongoing Greek economic crisis and the increased airline consolidation, in January 2011, the European Commission (Commission) decided that the proposed merger between the two most important Greek carriers, Aegean Airlines and Olympic Air, should be prohibited because it would have resulted in a quasi-monopoly on the domestic Greek air transport market.

Commission infringement proceedings against Russian bilateral air service agreements
  • Mayer Brown
  • Lithuania, Malta, Russia, Slovenia, Estonia, European Union, Greece, Hungary
  • March 21 2011

On 14 March 2011, the European Commission "Commission" announced that it has launched infringement proceedings against Estonia, Greece, Hungary, Lithuania, Malta and Slovenia in relation to their bilateral air service agreements with Russia.

Olympic Air and Aegean Airlines merger blocked by Commission
  • Nabarro LLP
  • European Union, Greece
  • February 3 2011

On 26 January 2011, the proposed merger between Olympic Air and Aegean Airlines was blocked by the Commission on the basis that it would have resulted in a quasi-monopoly on nine routes.

Greece agrees to fair access for lignite deposits
  • Nabarro LLP
  • European Union, Greece
  • September 9 2009

Traditionally the former Greek electricity monopoly, PPC, has maintained privileged rights for the extraction and exploitation of all lignite deposits in Greece.

Advocate General opinion on discriminatory selection criteria
  • Nabarro LLP
  • European Union, Greece
  • July 23 2009

Advocate General Sharpston (AG) issued her Opinion on an infringement action concerning allegations of discrimination in a Greek utilities contract on 9 July 2009.

Commission approves proposed acquisition of Corinthos power by Mytilineos and Motor Oil
  • Squire Patton Boggs
  • European Union, Greece
  • April 7 2009

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of joint control of Corinthos Power S.A of Greece (an electricity generator) by two Greek companies, Mytilineos Holdings S.A. and Motor Oil (Hellas) Corinth Refineries S.A (MOH).

Commission calls on Greece to grant fairer access to lignite so as to improve competition in the electricity sector
  • Bird & Bird LLP
  • European Union, Greece
  • April 25 2008

The European Commission has adopted a decision finding that Greece has infringed Article 86 of the EC Treaty in combination with Article 82 by maintaining rights giving the state-owned electricity incumbent Public Power Corporation (PPC) quasi-exclusive access to lignite.

Application of competition law to public bodies - recent ECJ authority
  • Shepherd and Wedderburn LLP
  • European Union, Greece
  • April 3 2008

In the first case, an independent Greek motor sport organiser challenged the decision of ELPA to refuse consent for an event it wanted to organise.

Greek cases provide useful refresher on definition of 'undertaking' and application of competition rules to public sector
  • Shepherd and Wedderburn LLP
  • European Union, Greece
  • March 27 2008

Two recent Greek cases relating to the organisation of motor sport events and extraction rights for lignite (the main raw material for electricity production in Greece) have summarised the rules on when seemingly public sector activities are subject to competition rules.

Commission approves pension reform in Greece and France
  • Nabarro LLP
  • European Union, Greece
  • November 12 2007

A proposal to restructure the pension regime in the Greek banking sector has been approved by the European Commission (Commission), who concluded that the measures fell outside the EC State aid rules.