EC: PPC Predatory Pricing in Greece Draws Supplementary Objections

• The European Commission issued a Supplementary Statement of Objections to Public Power Corporation S.A. (PPC) on November 13, 2026.
• The document concerns alleged predatory pricing by PPC in the Greek wholesale electricity market.
• This action is part of an ongoing investigation into potential abuses of dominant market position under EU competition law.
• A Supplementary Statement of Objections indicates new evidence or revised legal assessments in an antitrust probe.

Lawyers advising energy companies in Greece or the EU should monitor this ongoing investigation into PPC's pricing practices, as it signals heightened regulatory scrutiny by the European Commission regarding potential abuses of dominant market positions under EU competition law.

The European Commission has taken a significant step in its ongoing investigation into the Greek electricity provider, Public Power Corporation S.A. (PPC). On November 13, 2026, the Commission issued a Supplementary Statement of Objections to PPC, signaling further developments in its probe into alleged anti-competitive practices within the Greek wholesale electricity market.

This formal communication from the European Commission to Public Power Corporation specifically addresses concerns related to predatory pricing. Such practices involve a dominant company intentionally setting prices below cost to drive out competitors, ultimately harming market competition and consumer welfare. The issuance of this supplementary document indicates that the Commission has gathered additional evidence or refined its legal assessment since its initial objections, reinforcing its commitment to ensuring fair play in the energy sector.

A Supplementary Statement of Objections represents a critical procedural stage in the European Commission's antitrust investigations. It serves to formally notify the parties under investigation about new facts, revised legal arguments, or additional evidence that the Commission has collected since the initial Statement of Objections was issued. This allows the company, in this case, Public Power Corporation, an opportunity to respond to the updated allegations before the Commission reaches a final decision.

The core of the investigation centers on potential breaches of EU competition law Greece, specifically concerning the abuse of a dominant market position. Predatory pricing is a severe form of such abuse, as it can stifle innovation, reduce consumer choice, and ultimately lead to higher prices once competitors are eliminated. The European Commission's focus on the Greek wholesale electricity market underscores its role in upholding competitive standards across all sectors within the European Union.

This latest action by the European Commission against PPC for alleged predatory pricing in the Greek wholesale electricity market carries significant implications. If the allegations are ultimately substantiated, Public Power Corporation could face substantial fines, which are calculated based on the company's turnover and the severity and duration of the infringement. Beyond financial penalties, a finding of abuse could necessitate changes in PPC's operational and pricing strategies, potentially reshaping the competitive landscape of the Greek energy market.

Lawyers advising energy companies in Greece or the EU should monitor this ongoing investigation into PPC's pricing practices, as it signals heightened regulatory scrutiny by the European Commission regarding potential abuses of dominant market positions under EU competition law. This case serves as a clear reminder to all market participants that the European Commission is actively enforcing competition rules to prevent anti-competitive behavior and ensure a level playing field, particularly in essential sectors like electricity.

Lawyers advising energy companies in Greece or the EU should monitor this ongoing investigation into PPC's pricing practices, as it signals heightened regulatory scrutiny by the European Commission regarding potential abuses of dominant market positions under EU competition law.

Source: Original reporting via European Commission press release