Fines

The new way of doling out fines for traffic violations will start on a pilot basis in Athens and Thessaloniki before being rolled out through all of Greece

After thorough audits of a bevy of product codes, it was determined by the market watchdog that the aforementioned company had violated nine codes, including exceeding the permitted limits of baby formula profit margins set by Greek legislation

The company breached the unfair profit law

According to an announcement, the fine is related to a violation of Article 15, paragraph concerning misleading discounts

The market watchdog continued comprehensive audits, as in November alone, more than 1,250 inspections were carried out

The Hellenic Ministry of Development imposed fines of 1 million euros on Johnson & Johnson Hellas and 672,000 euros on Colgate-Palmolive Hellas for illegal profiteering. The new penalties come a week after major consumer product players Procter & Gamble Hellas and Elais-Unilever Hellas received a total of 2 million euros in fines for the same […]

Greece’s Ministry of Development has fined Proctor & Gamble Sole Shareholder Limited and Unilever Logistics AE 1 million euros each for profiteering. The fines were issued following an audit completed by Greece’s Interdepartmental Market Control Unit and are the maximum that can be imposed on a company for violating article 54 of Law 5044/29-07/2023 regarding […]