On July 22 and 23, the Greek Competition Authority (ΕΑ) conducted surprise on-site inspections at businesses operating in the ferry sector, particularly focusing on passenger, vehicle, and freight transport services. The inspections are part of the authority's ex officio investigations into possible anti-competitive horizontal agreements among competitors, specifically regarding market allocation and price fixing, as well as potential abuse of dominant positions in violation of Greek and EU competition laws.

It is important to note that the inspections do not imply that the businesses involved have engaged in anti-competitive behavior, nor do they pre-determine the outcome of the investigation. The ferry sector is strategically significant for the Greek economy, serving as a vital link between mainland Greece and its islands.

The ΕΑ's investigations aim to address behaviors that may distort competition, leading to higher prices and lower service quality for travelers. Additionally, the authority is conducting a sectoral inquiry to holistically assess the intensity and quality of competition in the ferry sector. The interim report and subsequent public consultation highlight the need for a reassessment of the regulatory framework and modernization of the ferry fleet and port infrastructure to enhance competition and balance the economic sustainability of market players with the broader public interest.

The ΕΑ, as the guardian of the proper functioning of the free market, is responsible for enforcing competition rules under Greek law and EU regulations. The authority emphasizes its commitment to intervene promptly where necessary and to examine any relevant cases that come to its attention, including complaints, leniency applications, or anonymous tips through a secure digital environment.

Participation in the ΕΑ's leniency program offers significant advantages for businesses and individuals involved in cartel-like agreements, including total or partial immunity from administrative fines, elimination of criminal liability for responsible individuals, and exemption from exclusion from public tenders for three years following a decision.