×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Sunday
18
Oct 2026
weather symbol
Athens 21°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by
> 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

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

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

What changes for borrowers with non-performing loans: Interest caps and a crackdown on foreclosures

Greece inflation Hits 5.1% in September as Eurozone Rate Rises to 3.8%

Union of Greek Shipowners donates €700,000 to new chronic care facility in Kilkis

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

Single-engine aircraft crashes in Pieria, two people on board killed

October 18, 2026

Macron to address France tonight after chaos, protester’s death and looting

October 18, 2026

Outrage in Britain: Convicted ISIS terrorist linked to executions was shopping near King Charles’s castle

October 18, 2026

Mitsotakis on EU Summit: Three Greek proposals becoming European policies as government saves resources for difficult months ahead

October 18, 2026

Massive Ukrainian drone attack on St Petersburg sets oil terminal ablaze

October 18, 2026

Romance scams involving women allegedly trapped in Russian-occupied Ukraine: Unsuspecting men lose thousands of Euros to AI-generated images and fake passports

October 18, 2026

Chaos, clashes and looting at protests in France: 17-year-old maimed, Limoges Town Hall set ablaze

October 18, 2026

France in Flames: More than 400 arrested, guerrilla-style clashes around the Élysée, fire at Limoges City Hall

October 17, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα