2023-decision-526-2011

Decision 526/2011 × Who we are The CommissionIrene Sharpe Hara Nikolopoulou Panagiotis Fotis Ioannis Stefatos Charikleia Vlachou Pantelis Borovas Anna Gatziou Michael Polemis Milliou Chrysovalantou-Vasiliki Angeliki Kanellopoulou Strategic Plan Mission & Responsibilities Organizational Chart Directorate-General for Competition International Relations and Communication Information Press Releases For Citizens & BusinessLearn About Us Competition & SMEs Conferences & Seminars News & Announcements Whistleblowing System for Citizens & Business Whistleblowing System for Contracting Authorities Sector InquiriesCoastal Shipping Bank Deposits Waste Management and Recycling Health Services Fintech E-commerce Basic consumer goods Regulatory InterventionsPetroleum Industry Press Distribution Sector Construction Sector Market MappingsMapping of the Feta cheese market Mapping of the Animal feed market Mapping of the Verinary Medicinal Products market Mapping of the Plain Yoghurt market Mapping of the Fresh Cow’s Milk market PublicationsNewsletters Annual Reports Guides OECD Annual Reports Research Publications Other Publications Media All publications SustainabilitySustainability Sandbox Competition Law & Sustainability Legislation Protection of Free Competition Rules on Operational Procedures and Management Treatment of confidential information General Data Protection Regulation Code of Ethics and Cybersecurity Complaints Commitments Leniency Programme Settlement Procedure Manual of Operational Procedures Calculation of fines No-action letter Implementation of Article 1A Accessibility Statement Decisions Contact EL EN Who we are About the HCC Strategic Plan Mission & Responsibilities Organizational Chart Directorate-General for Competition International Relations and Communication The Commission Irene Sharpe Hara Nikolopoulou Panagiotis Fotis Ioannis Stefatos Charikleia Vlachou Pantelis Borovas Anna Gatziou Michael Polemis Milliou Chrysovalantou-Vasiliki Angeliki Kanellopoulou Information Press Releases For Citizens & BusinessLearn About Us Competition & SMEs Conferences & Seminars News & Announcements Whistleblowing System for Citizens & Business Whistleblowing System for Contracting Authorities Sector InquiriesCoastal Shipping Bank Deposits Waste Management and Recycling Health Services Fintech E-commerce Basic consumer goods Regulatory InterventionsPetroleum Industry Press Distribution Sector Construction Sector Market MappingsMapping of the Feta cheese market Mapping of the Animal feed market Mapping of the Verinary Medicinal Products market Mapping of the Plain Yoghurt market Mapping of the Fresh Cow’s Milk market PublicationsNewsletters Annual Reports Guides OECD Annual Reports Research Publications Other Publications Media All publications SustainabilitySustainability Sandbox Competition Law & Sustainability Legislation Legislation Protection of Free Competition Rules on Operational Procedures and Management Treatment of confidential information General Data Protection Regulation Code of Ethics and Cybersecurity Complaints Commitments Leniency Programme Settlement Procedure Manual of Operational Procedures Calculation of fines No-action letter Implementation of Article 1A Accessibility Statement Decisions Contact You are here: Decisions 2011 Decision 526/2011 Search: Tuesday, 30 August 2011 00:00 Decision 526/2011 font size decrease font size increase font size Print Decision, pursuant to articles 14 par. 2, point id) bb) and 25 par. 8 of L. 3959/2011, as in force, concerning the terms and conditions forexemption or reduction of fines imposed on companies and individuals, that contribute to the investigation of horizontal agreements (“hardcore cartels”) of article 1 of the same law or article 101 TFEU (Leniency Program). Decision 526/2011 File (PDF) Decision 526/2011 Date of Issuance of Decision August 30th, 2011 Government Gazette Issue No Subject of the Decision Leniency Program Legal Framework Article 14 par. 2, point id) bb) and Article 25 par. 8 of L. 3959/2011 Summary of Decision The Hellenic Competition Commission, recognizing the importance and effectiveness of the Leniency Program in combating and dismantling illegal horizontal agreements (“hardcore cartels”), proceeded, by its Decision (no.526/VI/2011), in the reform of the existing program, which was fully harmonized with the Union standards. By its Decision, the Hellenic Competition Commission adopted a modern incentive scheme in order to reward companies or individuals willing to put an end to their involvement in illegal anti-competitive practices and to cooperate with the Authority in the relevant investigation and reveal the other participants of the cartel. Such cooperation and contribution to the detection or proof of an infringement may prove particularly critical and decisive in enforcing the rules of free competition and justify the total or partial exemption from the imposition of a fine, depending on the level of cooperation by the company or the individual. Especially for individuals, their inclusion in the Program and their complete exemption from the imposition of a fine,excludes the criminal liability of their actions, while, in case that a reduced fine is imposed, their participation in the Leniency Program is considered as a mitigating circumstance and a reduced (criminal) penalty is imposed, according to article 83 of the Penal Code. Share it 0Shares LinkedIn X Bluesky Viber Whatsapp Tagged under LENIENCY PROGRAM back to top Year published 2026