Rotten Company

Hellenic Competition Commission fined OPAP €24.56 million for tying and non-compete practices

Company: OPAP S.A.

Summary

HCC Decision 787/2022 found, by majority, that OPAP infringed Greek and EU competition law through non-compete and tying provisions imposed through its 2017 agency agreement in ancillary bill-payment and telecommunications-product services during 2017–2021. The HCC ordered the conduct to cease and imposed a €24,562,249.05 fine. OPAP publicly denied the findings and announced an appeal, so this record is marked unresolved rather than describing the regulator decision as finally adjudicated. Primary regulator source: https://www.epant.gr/en/decisions/item/2940-decision-787-2022.html Company appeal announcement: https://investors.opap.gr/en/results-and-news/news/regulatory-announcements/2023/290923