Leniency Regimes: Greece

Background

1. What is the relevant legislation containing the leniency policy and what is the enforcing body?

Article 9(4) of Law 703/1977 on the control of monopolies and oligopolies and the protection of free competition, as in force, provides the Hellenic Competition Commission ('HCC') with the power to issue decisions containing the rules and conditions under which undertakings which assist in the investigation of infringements of competition rules, other than an abuse of a dominant position, can be held immune (in total or in part) from fines. On 17 March 2006, the HCC issued Decision 299/V/2006 ('the Decision') which contains the Greek leniency rules and procedural regulations. In principal, the Decision follows the leniency model introduced by the European Commission under Notice on immunity from fines and reduction of fines in cartel cases (2002/C 45/03) ('the EU 2002 Notice'), as