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Which markets is the Competition Commission investigating?

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@fyinews team

02/12/2025

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  1. The Competition Commission is conducting investigations in a series of markets, from banks and ferry services to tutoring centers, says Kathimerini.
  2. It examines deposit interest rates, recording a large difference between deposit and loan interest rates, as well as the fact that ECB interest rate increases have not reached Greek depositors.
  3. It also examines ferry prices, noting that the needs of permanent residents are not sufficiently considered, and it conducts surprise inspections at tutoring ce

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The Competition Commission is conducting investigations in a series of markets, from banks and ferry services, coffee, chocolate, and baby food markets, to tutoring centers and school trip organizers, according to a report by Kathimerini.

Regarding banks, the Commission examines deposit interest rates, recording a large difference between deposit rates and loan rates, as well as the fact that ECB interest rate increases have not reached Greek depositors, compared with other European Union countries. The publication of the sectoral report is expected soon.

The Competition Commission is an Independent Authority with the purpose of protecting competition so that consumers pay “fair” prices.

It also examines ferry ticket prices, noting that the needs of permanent residents and their incomes are not sufficiently considered, but mainly the “occasional tourists,” with the relevant final report expected to be published in the first half of 2026. At the same time, a specific investigation is conducted on the Perama–Paloukia (Salamina) line regarding possible collusion between companies and abuse of dominant position.

Additionally, the Commission has carried out surprise inspections at Nestlé, searching for evidence of collusion and abuse of dominant position, at tutoring centers due to their large financial burden on households (16.2% of total household education expenses), and at school trip organizers.

Source: Καθημερινή

 

 

 

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