The European Commission has sent a supplementary statement of objections to Public Power Corporation, Greece’s largest electricity supplier, in its investigation into whether PPC breached EU antitrust rules by selling electricity in the Greek wholesale market below cost between 2013 and 2019, thereby excluding its main competitors at the time. The new charge sheet, which follows the statement of objections sent in February 2024, mainly adds detail on the methodology the Commission used to assess how much electricity PPC supplied below cost. The Commission said the step does not prejudge the outcome of the investigation, and PPC now has the opportunity to reply to its concerns.
Brussels adds charges in PPC predatory pricing case
The European Commission has sent Public Power Corporation a supplementary statement of objections in its investigation into whether the Greek utility sold wholesale electricity below cost between 2013 and 2019 to shut out rivals.
Why it matters: PPC is Greece's largest electricity supplier and controlled all of the country's lignite and hydropower capacity in the period at issue, so the case tests how far Brussels will go against a dominant state linked utility in a national power market.
Data as of European Commission press release IP/26/2422 of November 13, 2026; the Commission's press corner page did not render its text to this reader, so the release was read in full in its complete republication by BusinessHub.cy in this run. Developing item.
Sources
- Commission sends Supplementary Statement of Objections to PPC over predatory pricing in the Greek wholesale electricity market - European Commission - 2026-11-13