Firms in the Spotlight EU and competition

Chryssafinis & Polyviou LLC

Chryssafinis & Polyviou LLC logo

Chryssafinis & Polyviou L.L.C was established as a partnership in 1903 by the late N.G. Chryssafinis. Today it is one of the oldest and most prestigious law firms in Cyprus.

View Profile...

EU and competition in Cyprus

Antoniou McCollum & Co. LLC

Antoniou McCollum & Co. LLC deals with a sizeable number of cases before the Commission for the Protection of Competition, regularly representing well-known businesses in such cases.  The first-rate Anastasios A. Antoniou leads the group and is particularly skilled at advising leading technology companies on the full array of EU regulatory matters. The team is well-placed to advise on anti-competitive behaviour, cartels, abuse of dominance and economic dependence cases, as well as the competition law elements of NPL sales and telecoms.

Practice head(s):

Anastasios A. Antoniou

Key clients



Schwarz Group (LIDL)

Tek Experts

Investment Corporation of Dubai


Baring Private Equity Asia




Chrysostomides Advocates & Legal Consultants

Chrysostomides Advocates & Legal Consultants has significant experience in EU law and advises companies, industry associations, government authorities and individuals on all aspects of this area. The team boasts substantial regulatory experience in various sectors and frequently advises major international investment institutions. George Mountis leads the practice, which has also made numerous referrals for preliminary rulings to the CJEU. Other names to note in the team are Anna Rossides and senior associate Alexandros Efstathiou, who both are skilled at advising on issues such as merger control and cartel litigation.

Practice head(s):

George Mountis

Other key lawyers:

Anna Rossides; Alexandros Efstathiou


‘Responsive team that delivers answers in the requested level of detail, in a timely manner’.

‘I like this firm for its responsive qualities. Doesn’t waste time. Smooth communication’.

‘I work with this team in merger control work. Very efficient. Good communication. Good responsiveness’.

‘The team is always straight to the point, the lawyers know what they are doing and always investigate a case in detail without missing anything’.

‘All members of the team are excellent, have excellent knowledge and expertise in this area of practice and the advice is always on point’.

Key clients Limited/ Wargaming Group Limited

Berlin Packaging LLC

WatchGuard Technologies, Inc.

Trading Point Holdings Ltd

Daimler AG

CDP Equity and FSIA Investimenti S.r.l.

Work highlights

  • Brought two multi-million euro claims before the Court of Justice of the European Union on behalf of both natural and legal persons for damages suffered thereby as a result of the imposition of the 2013 bank “bail-in”.
  • Representing Daimler AG in a cartel investigation.

Elias Neocleous & Co LLC

Nicholas Ktenas leads a dedicated team at Elias Neocleous & Co LLC that specialises in EU and competition law.  Merger control work is a cornerstone area for the practice, and the firm has particular sector expertise in shipping and more recently in betting. Other strengths lie in EU-related litigation and the group has handled a number of significant instructions before European bodies. It works closely with several major international law firms on various complex mandates. Other names to note are senior associate Ramona Livera and associate Elena Christodoulou.

Practice head(s):

Nicolas Ktenas

Other key lawyers:

Elena Christodoulou; Ramona Livera

Key clients

Aristo Developers

Avanti Communications Group

Aqua Masters

Blackstone Group International Partnership LLP

British High Commission, Nicosia

Byblos Bank

Credit Suisse

Cyprus Tourism Development Corporation Ltd

Cyprus Public Transport Limited


European Investment Fund

Huawei Technologies

Invel Real Estate Partners

Jordan Kuwait Bank (Cyprus Branch)

KKCG Group

Limassol Marina

Mitsubishi Motors

Mall of Cyprus

NBG Pangea Limited



Rolls Royce

Samsung Group

Work highlights

  • Advised a multinational betting organisation on one of the largest and most complex merger filings and clearances to have been made in Cyprus.
  • Advised a global exclusive clothing and fashion brand on the EU regulatory requirements for setting its e-commerce platform and expansion across Europe.
  • Advised a foreign bank on the EU Directives and regulations for participation in the Trans-European Automated Real Time Gross Settlement Express Transfer System.

Lellos P Demetriades Law Office

Achilleas Demetriades and Haris Satsias lead a ‘well-organised’ team at Lellos P Demetriades Law Office that has a ‘good knowledge of the law (local and EU) and thinks creatively’. The practice has vast experience in all aspects of EU and national competition law including abuse of dominance, cartel investigations and merger notification filings. as well as judicial review applications against decisions of the CPC and private actions for damages. It has successfully represented major companies in various sectors including pharmaceuticals, insurance, aviation, food and beverages and tobacco before the CPC and domestic courts.

Practice head(s):

Achilleas Demetriades; Haris Satsias


‘In summary, having been working with this firm for 16 years, I would say that what distinguishes Lellos P. Demetriades Law Office LLC is the reliability, the immediate response, the quick acquaintance with the particularities and the requirements of the customer, the excellent partners’.

‘Haris Satsias provides very good communication throughout the handling of a case. He is extremely knowledgeable regarding every aspect of the law ’.

‘Strong team, easily reachable with good communication skills. Always friendly and available to assist. ’

‘Reachable. High calibre professionals who are just a phone call away, always ready to assist’.

‘Achilleas Demetriades is a great lawyer with long-term experience and the ability to understand the needs of a client with complexities like ours, he builds and shares strategic ways to address issues. Haris Satsias has proven to be a great lawyer.’

‘The firm’s colleagues are knowledgeable and diligent ’.

‘Harry Satsias and Achilleas Demetriades have been very responsive’.

Chrysses Demetriades & Co Law Office

The competition team at Chrysses Demetriades & Co Law Office is headed by Polyvios Panayides, who also has substantial regulatory expertise. The group undertakes a significant amount of merger control and antitrust work before the CPC and regularly provides advice on EU and competition law to leading international law firms and large local and international corporations. It has niche sector expertise in areas such as consumer goods, shipping and ports as well as hotel, real estate, insurance and the energy sectors.

Practice head(s):

Polyvios Panayides

Harris Kyriakides

Harris Kyriakides has a diverse EU and competition practice, with discrete teams covering public procurement and data protection, state aid, and a health-focussed public law team.  Michael Kyriakides is a key contact and senior associate Eleni Neoptolemou has specialist knowledge of administrative law in the oil and gas sector.

Practice head(s):

Michael Kyriakides

Other key lawyers:

Eleni Neoptolemou; Panagiotis Tsangaris


Harris Kyriakides employs a diverse and knowledgeable team that is able to fully advise the client on all aspects of EU and competition law. The team is always very responsive and ready to handle any requests of the client. Michalis Kyriakides is exceptionally knowledgeable in all aspects involving EU and Competition law. Always ready with outside-the-box ideas, his legal intellect is unparallelled‘.

Panagiotis Tsangaris provides comprehensive legal advice to his clients and is always available to help and advise in a clear and concise manner’.

Key clients

Iacovou Group

Petrolina Group

Quality Group

Ancoria Bank

Chr. Kapodistrias & Sons Ltd

Sewerage Council of Ayia Napa

Limassol Municipality

PPT Aviation Services Limited

Cyprus Feed Association

Work highlights

  • Advised Kapodistrias on filing and successfully pursuing a complaint before the Commission for the Protection of Competition in Cyprus, which led to a record aggregate fine of €20.7m on Daimler AG and its Cyprus distributor on the grounds of abuse of dominant position.
  • Advised PPT Aviation Services Ltd on challenges before the Administrative Court in relation to the imposition of additional aviation fuel taxation (consumption tax and VAT), as a result of a change in the interpretation of EU law.;
  • Successfully represented Famagusta Buses Association in a judicial review case before the Administrative Court of Cyprus, which invalidated the decision to award a tender to a Spanish-Maltese consortium.

Ioannides Demetriou LLC

Ioannides Demetriou LLC advises major local and international clients. The team, which is led by Pambos Ioannides, Andrew Demetriou and Christina Ioannidou, has been involved in a number of cases before the CPC representing both complainants and those subject to investigations. The department has also been drafting  a number of notifications relating to alleged concentration of undertakings matters. The agile team has been busy too advising on various EU and competition issues during the course of  corporate transactions. Clients remark that they ‘especially value the great attention to detail the firm exhibits’.

Practice head(s):

Pambos Ioannides; Andrew Demetriou; Christina Ioannidou


‘Ioannides Demetriou’s team is very professional in its responses, the lawyers follow up on cases and provide information on a regular basis and ad hoc. As clients we feel appreciated and this is what counts more when it comes to resolving legal matters’. 

‘It is always a pleasure to work with  the team. What makes the lawyers stand out is their kindness and responsiveness as well as the good quality of work’.

‘The firm is characterised by its high level of services and responsiveness. It stands out from other firms’.

‘The calibre of the partners and directors of the firm stands out. The members of the firm are always available to assist in urgent matters and provide a high level of expertise. Pambos Ioannides and Christina Ioannidou provide tailor-made solutions to legal issues. Pambos Ioannides is a remarkable professional with an incredible depth of experience and intellect who understands our business needs’.

‘The uniqueness of the team and what really makes the difference with other firms that we have collaborated with is that it consists of knowledgeable and experienced members in a variety of themes. This variety of knowledge is most suitable for our modern day business world.  Facing challenging legal tasks including a continuous dispute with a (difficult) multinational counterpart to negotiating with a major European Bank in a non-native legal background, I can personally assure you that the team is extremely efficient, as mentioned above knowledgeable, and eager to facilitate the best and most appropriate solutions in each case ’.

‘Professional and wide-ranging experience’.

Key clients

European Agency for Special Needs and Inclusive Education

Petrolina Holdings Public Co Ltd

Hermes Airports Ltd

Electricity Authority of Cyprus

Cyprus Trading Corporation PLC

Argosy Trading Company Ltd

Work highlights

  • Advising the European Agency and Ministry of Education in relation to the proposed restructuring of the primary and secondary education system of the country, including drafting a new bill that is intended to repeal the current legislative framework.
  • Advising VLPG Plant Ltd on the creation of a JV for the purpose of constructing new LPG facilities and obtaining clearance from the competition authorities accordingly.
  • Advising KODAP (the Cyprus Organisation for the Storage and Management of Oil Stocks) in relation to the obtaining of a €35m loan from EIB for the construction of storage facilities.

Michael Kyprianou & Co. LLC

Michael Kyprianou & Co. LLC advises many local and international clients on various aspects of Cypriot and European competition law. Under the direction of Menelaos Kyprianou, the group is skilled at advising on possible infringements of competition law in the context of mergers and acquisitions. The team is also recommended for its advice on anti-competitive practice allegations. Marina Hadjisoteriou is another key member of the practice.

Practice head(s):

Menelaos Kyprianou

Other key lawyers:

Marina Hadjisoteriou