×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Sunday
07
Dec 2025
weather symbol
Athens 14°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Fines of 12 million euro for cartel in poultry

This decision will lead to many shut-downs and losses of over 10,000 jobs

Newsroom June 28 07:41

Heavy fines for the entire Greek poultry sector are imposed today by the Competition Commission which  affect  a total of 13 companies including many brand names such as Nitsiakos, Angelakis, Pindos, VIOKOT, and others in order to send a message that with sentences 8, 10 or even  12 million per occasion, the industry essentially will be driven to extinction.

“It is certain that the cost of this cruel decision will mean direct shut-downs and a loss of over 10,000 jobs during the present critical unemployment period. Jobs in the already suffering Greek region  “said industries representatives.

>Related articles

Greece moves toward early repayment of €5.29 billion in bailout debt

Greece on the European economic map: signals of reward, early debt repayment and Pierrakakis’ nomination for the Eurogroup

The Greeks take center stage again in 2025 – Targeted acquisitions and “smart” vessel sales

We should emphasize that the Competition Committee by unanimous decision found that 13 of the total poultry companies and the Association of Poultry Business in Greece (SPEE), have violated Article 1 of Law 703/1977 on prohibited cartels and 101 of the Treaty on the Functioning of the European Union (TFEU), by adopting illegal practices, horizontal price fixing and customer allocation, in order to coordinate their pricing policy and market sharing.

Specifically, based on the grounds of the decision of the Competition Commission,there has been  evidence that a large number of poultry enterprises systematically coordinated entrepreneurial action, and such practices spread across the range of fresh and frozen chicken at all the  levels of the supply chain (wholesalers, supermarkets, barbecues, butchers).

The poultry cartel, which according to the Decision has lasted for a long period (1996-2010).

Ask me anything

Explore related questions

> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Family confrontation – Andreas Psicharis sues his father’s widow for 19 works of art of immense value

December 7, 2025

The story of Greece’s trolleybuses: From the first routes to the the last

December 7, 2025

“We are really very close to a peace agreement for Ukraine,” says Trump’s special envoy

December 7, 2025

Dismantling of trolleybus cables begins in Piraeus — Watch the video

December 7, 2025

Armed police raid at Heathrow: Train services suspended, arrests and tear gas reported

December 7, 2025

Mitsotakis: “Farmers will receive every euro they are entitled to — Solutions come through dialogue, not roadblocks”

December 7, 2025

Improved weather today — where local showers are expected

December 7, 2025

The livestock farmer who tearfully bid farewell to his 450 sheep collapses; Hospitalized in Giannitsa with stroke symptoms

December 7, 2025
All News

> Lifestyle

Taylor Swift: The date of her wedding to Travis Kelce has been revealedThe couple may marry in Rhode Island

The date of Travis Kelce and Taylor Swift’s wedding has been revealed, as the countdown to the ceremony has already begun

December 6, 2025

Is the myth of youth collapsing? Why the best years of our lives start after 40

December 3, 2025

Why some people are always late to their appointments – The 5 types

December 2, 2025

Simona Procházková: Miss Czech Republic wants to inspire the world through her activism

December 2, 2025

Christina Koletsa welcomes December at the beach

December 1, 2025
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2025 Πρώτο Θέμα