Cyprus has incorporated the provisions of Council Regulation (EC) 1/2003 into the domestic law by virtue of Law 13(I)/2008 (The Protection of Competition). The Law has re-established the Commission for the Protection of Competition (“CPC”), which is the competent body for the enforcement of the legislation.
Harris Kyriakides LLC maintains a strong antitrust practice, encompassing the provision of advice on a complete range of antitrust, competition, regulatory and trade issues within the field of Cyprus competition law, including merger control, joint ventures, licensing and distribution, restrictive practices, abuse of dominance, cartel investigations, concerted practices for enterprises, compliance programmes, state aid, liberalization and privatisation. Our team of Cyprus competition lawyers provide advice and consultation on compliance of clients’ business operations with applicable competition and state aid law requirements and obtaining clearance of mergers.
We also represent clients in contentious proceedings, including civil wrong claims for infringement of competition and state aid laws before national courts, proceedings initiated before the Cyprus Commission for the Protection of Competition, review proceedings against administrative decisions of the Commission and prosecution of complaints against third parties for violations of competition and state aid laws.
Our clients are companies across the full spectrum of industrial, commercial and service sectors, financial institutions, governments and governmental organisations.