Complaint lodged before the Hellenic Competition Commission against the non-profit legal entity under private law under the name HELLENIC BANK ASSOCIATION” and the companies “DIAS INTERBANKING SYSTEMS S.A.”, “NATIONAL BANK OF GREECE S.A.”, “PIRAEUS BANK S.A.”, “ALPHA BANK S.A.” “EUROBANK S.A.” and “CARDLINK ELECTRONIC TRANSACTION NETWORK MANAGEMENT AND OPERATION SA” (now “SINGLE-MEMBER SOCIETE ANONYME FOR THE MANAGEMENT AND OPERATION OF ELECTRONIC TRANSACTION NETWORKS CARDLINK”)
Decision adopted in the context of the simplified Settlement Procedure, provided for in Article 29a of Law 3959/2011, as in force, and according to HCC Decision no. 790/2022, on the joined cases concerning (a) the ex officio investigation conducted by the Directorate General for Competition (hereinafter “DGC”) into the market for the provision of banking services and, in particular, in the sub-markets for retail and corporate banking, card issuing and acquiring, as well as into the markets for interbanking systems, payment services and electronic transactions and (b) the ex officio investigation conducted by the DGC, following a complaint, into the markets for payment services, card issuing and merchant acquiring activities, provision of trading network services by use of electronic payment terminals and other devices, provision of acquiring processing services and interbanking systems, in order to determine whether there is an infringement of Articles 1 and 2 of Law 3959/2011 (Greek Competition Act), as in force, and 101 and 102 of the Treaty on the Functioning of the European Union (hereinafter “TFEU”) following the Settlement proposals submitted by the undertakings “PIRAEUS BANK S.A.”, “NATIΟNAL BANK ΟF GREECE S.A.”, “ALPHA BANK S.A.”, “EUROBANK S.A.”, “ATTICA BANK S.A.”, as well as by the HELLENIC BANKING ASSOCIATION (HBA).
Subject: Decision adopted on the joined cases concerning (a) the ex officio investigation conducted by the Directorate General for Competition (hereinafter “DGC”) into the market for the provision of banking services and, in particular, in the sub-markets for retail and corporate banking, card issuing and acquiring, as well as into the markets for interbanking systems, payment services and electronic transactions and (b) the ex officio investigation conducted by the DGC, following a complaint, into the markets for payment services, card issuing and merchant acquiring activities, provision of trading network services by use of electronic payment terminals and other devices, provision of acquiring processing services and interbanking systems, in order to determine whether there is an infringement of Articles 1 and 2 of Law 3959/2011 (Greek Competition Act), as in force, and 101 and 102 of the Treaty on the Functioning of the European Union (hereinafter “TFEU”).
