New “huge” fine for a multinational company: a million euro fine for Jacobs de Egberts

The fine relates to violating Article 54 of Law No. 5045/29-07-2023 related to reducing the phenomena of illicit profit.

Specifically, required:

A fine of 1,000,000 euros on the company “JACOBS DOUWE EGBERTS GR. Ltd.”

Intensive controls continue at DIMEA. In November alone, more than 1,250 surveillance operations were carried out and fines amounting to more than 5.5 million euros were imposed. The Ministry of Development – in an unprecedented mobilization of the Greek standards oversight mechanism – has carried out more than 20,600 monitoring operations since the beginning. for 2023 and imposes fines totaling 10.3 million euros.

Development Minister Kostas Skrikas said: “The battle for the benefit of Greek families continues. No one has the right to profit unfairly at the expense of the Greek citizen, especially in light of the circumstances in which imported inflation has contributed to shaping the market. The Greek government is the only government in Europe that has “It applies a law against unfair profiteering. The constant presence of the Ministry of Development’s control mechanisms in the market ensures compliance with legality and healthy competition and – as has been proven in practice – reduces prices on the shelves.”