Surprise Checks by the Competition Committee in the Ferry Industry

The Competition Committee conducted surprise inspections on March 6th and 5th, 2025, targeting companies operating in the ferry transportation sector. According to an announcement on their official website, these checks focused on potential anti-competitive horizontal agreements or possible decisions by business associations, as well as prohibited practices such as price-fixing announcements among competitors. The committee emphasizes that ferry services are a crucial part of Greece’s economy, connecting mainland Greece with its islands. Ferry services link 115 inhabited islands where 14.6% of the country’s population resides. Only 25 of these islands have airports, meaning 85% of freight needs and all food supplies are covered by ferries. The inspections aim to gather data about anti-competitive practices without prejudging any company’s involvement or the investigation’s outcome. Legal frameworks under Law 3959/2011 and Articles 101/102 TFEU prohibit agreements that restrict competition and abusive behaviors by dominant market players. Companies found violating these rules face strict administrative penalties. The Competition Committee encourages businesses involved in cartels to join their leniency program, offering significant benefits like reduced fines or full exemption from penalties. For more information, interested parties can visit their website or contact them directly.