Competition Commission

Rush for state digital projects

When the digital transformation blueprint for 2020-2024, with its roughly 450 state-changing projects, was unveiled four years ago, few could have predicted what would follow: A barrage of mergers and acquisitions in IT, an industry which in 2019 had shown a low degree of concentration, according to research by ICAP; a race against time for the timely completion of contracts, worth more than 1

The endless popcorn of SYRIZA, the oligarchs and the “balance” of power, the mysteries of M.M., and the breaking of the duopoly by the Competition Commission

– Hello there! What a lovely weekend we just had—bright but chilly with the sun showing its teeth, and thankfully no rain (let’s see how long this lasts in November).

Master Chef Nikos (snails boubouristos-style), Stefanos and the Priesthood, the electric chair of OSE, and the deals being made

Hello, now we knew it, we wrote about it, but who believed us? Stefanos is still here, but it’s like he’s not here at all; poor guy got swallowed up by vested interests. Even the last “pillars” of Democracy—Liagas and Kainourgiou, who supported him—have started to…waver, kind of erased him.

The twisted director, the question that wasn’t asked about the President of the Republic, the “to the end” Stefanos, “the enemy of my enemy” Samaras, and the unpaid rents

Hello, so these past few days I had a chance to go for a coffee with my main source at the M.M., and I had the opportunity to engage in some close-up gossip, so to speak.

Kasselakis and the KKE Interior, the “kids,” Anna and modernization (where did that come from?), the properties of Aspis Pronoia on Kifisias and the investment grade

– Hello, where should I start today, from SYRIZA, where passions have flared up again, from PASOK, which if you see a debate, let me know, or from the contacts of Queen Anna D., who saw “the little kids because they asked me to,” meaning Nikos and Haris?

Merger of banks Attica and Pancreta finalized

The merger of Attica Bank and Pancreta Bank was finalized on Wednesday, creating the fifth largest bank in Greece by estimated assets.

According to the official announcement, the merger was completed within demanding timelines and at unprecedented speed - just weeks after the shareholders' agreement - signaling a new era for the unified bank and the country's financial system.

Three-day rally on the Athens Stock Exchange – Back above 1,440 points

The Greek stock market made a strong start to September, recording its third consecutive rise. The General Index closed at the highs of the day, with “heavyweights” on its side, which fell significantly in August, creating the right conditions for buyers to re-enter.

Novartis comes under scrutiny over competition rules

The Competition Commission is investigating pharmaceuticals firm Novartis for anti-competitive practices from 2009 to 2017.

The probe concerns a range of competitive medicines treating macular diseases.

A report found Novartis aimed to prevent market access to competitors.

The commission will consider the report findings at a December 4 meeting. 

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