Leading Partners

Next Generation Partners

EU and competition in Cyprus

Antoniou McCollum & Co. LLC

Antoniou McCollum & Co. LLC has a stellar reputation in the market and is ably led by Anastasios A. Antoniou. The firm is trusted by the biggest multinational corporations to handle their EU and competition law matters. It continues to deal with a large number of cases before the Commission for the Protection of Competition. The department advises global private equity funds and is routinely asked to advise on the EU and competition aspects of large public concessions. The group has particular expertise in advising on concessions for the operation and management of airports. In addition, the practice has considerable knowledge of TMT matters.

Praxisleiter:

Anastasios Antoniou


Kernmandanten

Cablenet


GO


Yamaha


BMIT


AerCap


Highlight-Mandate


  • Advising a tech company on its regulatory obligations under EU law, which had been transposed into Cyprus.
  • Acting for Cablenet on its network sharing arrangements with the State-incumbent, which involved significant regulatory and EU law issues.
  • Advising Yamaha on consumer law and competition law matters.

Chrysostomides Advocates & Legal Consultants

Chrysostomides Advocates & Legal Consultants has dedicated EU and competition law departments to handle both national and transnational projects. Clients include national government departments, European Commission Directorates, and multinational companies from a wide range of sectors. The group is well-equipped to handle a diverse range of matters, from advising on European business grant schemes to advising on regulatory issues for regulated industries. Other core areas of focus include advising on merger control, cartels, abuses of dominant positions and other anti-competitive agreements. George Mountis, Anna Rossides and Victoria-Zoi Papagiannis are the heads of the department. Alexandros Efstathiou left the firm in May 2024 to set up his own firm.

Praxisleiter:

George Mountis; Anna Rossides; Victoria-Zoi Papagiannis


Referenzen

‘In litigation, the team has experience in handling complex litigation before the Court of Justice of the European Union, the General Court of the EU, and the European Court of Human Rights.’

‘They are efficient in preparing a case, they leave no stone unturned. They also exercise good judgment in deciding what avenues to pursue.’

‘They are excellent negotiators, able to unravel the weaknesses of the other party and protect effectively the interests of their clients.’

Kernmandanten

Holding Soprema SA


Venus by Maria Tash Inc.


Compagnie de Saint-Gobain SA


DECA Investments


European Commission


Wolt Cyprus Ltd


Wolt Market


Highlight-Mandate


  • Acted as competition legal counsel for Cyprus in relation to the acquisition of 97.7385% of the share capital in Copernit S.p.A by Holding Soprema SA.
  • Filed an action against the ‘bail-in’ measures imposed in the Republic of Cyprus back in 2013, against the Republic of Cyprus itself and the main national authorities totalling EUR1bn.
  • Acted as competition legal counsel for Cyprus in relation to the EUR60m acquisition of the share capital of Adfil NV by Compagnie de Saint-Gobain SA, through Starcin Holding France S.A.S.

Elias Neocleous & Co LLC

The team at Elias Neocleous & Co LLC regularly works with government departments, European Commission Directorates, major international law firms, and domestic businesses. Its primary focus is notifying the Cyprus CPC of proposed transactions to obtain regulatory clearance. It regularly provides advice to multinational businesses ahead of any prospective transactions. The group is active in specialist areas, such as shipping and more recently in betting. It often advises clients on the implementation of a wide variety of EU directives and regularly undertakes litigation for these clients. The team also excels in advising on state aid issues and procurement matters. Additionally, it remains busy advising on European grant and funding opportunities. Andrea Kallis Parparinou and Ramona Livera co-head the excellent practice. Elias Neocleous plays a pivotal role in the practice too, alongside Elena Christodoulou and Demetris Gregoriou.

Praxisleiter:

Andrea Kallis Parparinou; Ramona Livera


Weitere Kernanwälte:

Elena Christodoulou; Demetris Gregoriou; Elias Neocleous


Referenzen

‘Great team, highly responsive and helpful.’

‘Demetris Gregoriou is a great associate, very responsive and helpful.’

‘The team was very responsive and professional. They showed a deep knowledge of Cypriot law and procedure and proposed ways to streamline our case.’

Kernmandanten

Allwyn Group


Amazon Web Services


Avanti Communications Group


British High Commission, Nicosia


Credit Suisse


Cyprus Tourism Development Corporation Ltd


CPT Cyprus Public Transport Limited


European Investment Fund


Huawei Technologies


H&M


Invel Real Estate Partners


Jordan Kuwait Bank (Cyprus Branch)


KKCG Group


Limassol Marina


Mitsubishi Motors


Mall of Cyprus


Malta Lines Limited


MOL Chemical Tankers


OPAP S.A


SOLEK Holding SE


Samsung Group


Volkswagen Group


Highlight-Mandate


  • Advised Salesforce on Cyprus merger control law and competition law obligations concerning a proposed acquisition of Informatica.
  • Provided competition law advice to Ultrabulk A/S for its proposed acquisition of the share capital in the operating subsidiaries of M.T.Beheer B.V. and several subsidiaries of CTP.BIZ GmbH.
  • Acted for Proximus S/A in its acquisition of a controlling interest in Route Mobile, including providing all competition law advice on the transaction and attending to a merger control filing in Cyprus.

Harris Kyriakides

The ‘reliable, fast, focused and entrepreneurial’ team at Harris Kyriakides is highly experienced in all aspects of EU and competition law. It possesses deep knowledge of the local regulatory landscape, as well as considerable experience working with international law firms on cross-border matters. It has a strong track record of representing clients in competition law cases. The group has been busy too advising on merger control and antitrust compliance matters. State aid and public procurement are other key areas of expertise. It is well-versed in matters where there is an overlap between intellectual property rights and competition law. In addition, the practice is recommended for its work on guiding clients through merger control in the tech sector and advising on vertical restraints in evolving digital markets. Michael Kyriakides, Eleni Neoptolemou and Angela Charalambous are the heads of the department.

Praxisleiter:

Michael Kyriakides; Eleni Neoptolemou; Angela Charalambous


Referenzen

‘The team is very responsive. They will revert back to you as soon as possible with a clear explanation.’ 

‘Eleni Neoptolemou – I wish to point out that what makes her stand out is her knowledge, trust and great communication.’

‘The practice is unique as it offers excellent and well-documented legal services through a well-structured approach. It keeps abreast with all current legislation and relevant court cases and also uses modern technology in a very efficient way. Its clients should expect a very reliable and professional service.’

Kernmandanten

Squire Patton Boggs (UK) LLP


Chr. Kapodistrias & Sons Ltd and Kyros Auto Service Ltd


District Local Government Organisation of Larnaca


Municipality of Ayia Napa


European Capital of Culture Organization – Larnaca 2030


Cyprus Airports (F&B) Ltd


KPMG Ltd


Petrou Bros Dairy Products Ltd


LCA Aviation Fueling System


Highlight-Mandate


  • Advised TTSA in relation to the “East to Med data Corridor”, an undersea and land data cable developed by MENA HUB.
  • Advised IGI Poseidon in connection with EastMed-Poseidon Pipeline Project, a bi-directional energy interconnector aiming to provide a direct link between the Eastern Mediterranean energy resources and the European markets through Cyprus, Greece and Italy.
  • Advised Zoom Video Communications, Inc. on compliance with Cyprus and EU regulations.

Chrysses Demetriades & Co Law Office

The competition department at Chrysses Demetriades & Co Law Office is headed by Polyvios Panayides. The practice handles a sizeable amount of merger control and antitrust work before the Cyprus Commission for the Protection of Competition. It provides specialist EU and competition law advice to leading international law firms, large local companies, and international corporations. The practice receives a steady flow of work on large deals with a Cypriot dimension. It has developed competition law expertise in both merger control and antitrust matters covering niche areas, such as in the consumer goods, shipping and ports, hotels, real estate, insurance and energy sectors. Ioanna Kyriakidou is another name to note.

Praxisleiter:

Polyvios Panayides


Weitere Kernanwälte:

Ioanna Kyriakidou


Referenzen

‘Polyvios Panayidis is a real expert with unique local and international experience. He is a calm force of excellence. He is well connected with local stakeholders and regulators and he has built a team of lawyers who deliver all the time.’

‘Polyvios is an excellent litigator and at the same time the advisor you need on merger control and antitrust issues. His advice is always balanced and result-oriented.’

‘The team demonstrated a comprehensive understanding of the competition filing requirements. Consistently providing prompt responses, actions and support, fostering trust and reliability. Whilst illustrating commercial awareness of the subject industry, important for such filings.’

Highlight-Mandate


  • Successfully defended a local company active in the import and wholesale trading of fresh fruits and vegetables in an antitrust ex-officio investigation by the CPC.
  • Acted for a shipping company and a tech provider in a Phase I merger control clearance.
  • Acting for a supermarket group in a recent merger filing relating to the acquisition of a competitor.

Georgiades & Pelides

Marios Pelides and Nicholas Pelides - who was promoted to the partnership in January 2024 - co-head the practice at Georgiades & Pelides. The group routinely represents clients in proceedings before the Cyprus Commission for the Protection of Competition. In addition, it frequently submits merger control filings to the CPC, as well as advising on other aspects of competition and antitrust matters. The department has a number of high-profile clients. It also receives frequent instructions from international law firms.

Praxisleiter:

Marios Pelides; Nicholas Pelides


Referenzen

‘We work regularly with Georgiades & Pelides on cross-border merger filings. They are a great team, very knowledgeable, experienced and efficient in their work. They offer top quality service in their field of expertise.’

‘Nicholas Pelides is an expert in competition law, always responsive to the needs of the clients and business-oriented in his approach.’

‘The team is very professional, they always have a pragmatic approach to competition matters. They advise how to be proactive in compliance with competition rules. Also very good contacts and collaboration with the local authorities.’

Kernmandanten

Blackstone Inc.


KKR & Co. Inc.


Vinge


Freshfields Bruckhaus Deringer LLP


Clifford Chance LLP


Kirkland & Ellis LLP


Simpson Thacher & Bartlett LLP


Coca-Cola Hellenic Bottling Company AG


Thales USA, Inc.


Vivartia Holdings Single-Members SA


Saint-Gobain S.A.


Olympia Group Ltd


Imker Capital Partners


Highlight-Mandate


  • Advised Kirkland & Ellis International LLP, acting as international counsel for a private equity firm, regarding the preparation and submission of a merger control notification in relation to the acquisition of control over CIRCOR International, Inc. and its subsidiaries.
  • Advised Simpson Thacher & Bartlett LLP, acting as international counsel for a private equity firm, regarding the preparation and submission of a merger control notification in relation to the acquisition of control over Simon & Schuster publishing.
  • Advised Clifford Chance Partnerschaft mlt, acting as international counsel for a private equity firm, regarding the preparation and submission of a merger control notification in relation to the acquisition of control over Sunday Natural Products GmbH and Sunday Natural Products International Sp.z.o.o

Ioannides Demetriou LLC

The ‘very capable team’ at Ioannides Demetriou LLC provides ‘practical advice’ under the collective leadership of Pambos Ioannides, Andrew Demetriou and Christina Ioannidou. Its client base includes semi-governmental organisations, public and private foundations, universities, and major international and local enterprises. Among its noteworthy clients are shipping companies, hotel and tourism companies, and concession holders. It often advises on EU and competition law during the course of major transactions. The department continues to represent clients before the CPC on a range of matters. It frequently defends clients when complaints are filed against them, as well as where there is an alleged abuse of a dominant position.

 

Praxisleiter:

Pambos Ioannides; Andrew Demetriou; Christina Ioannidou


Weitere Kernanwälte:

Theo Demetriou; Anna C. Christou


Referenzen

‘Christina Ioannidou is dedicated to her customers, aims at high quality and practical advice and delivers within strict deadlines.’

‘Ioannides Demetriou team includes a diverse mixture of people from different age groups and backgrounds which adds to the understanding of complicated legal cases.’

‘We mostly work with Andrew, Theo and Anna. The best quality in this diverse team is their ability to understand the factual issues in order to best protect client interests.’

Kernmandanten

European Agency for Special Needs and Inclusive Education


Petrolina Holdings Public Co Ltd


Hermes Airports Ltd


Electricity Authority of Cyprus


Cyprus Trading Corporation PLC


Argosy Trading Company Ltd


VLPG Plant Ltd


Vassilikos Cement Works Public Company Ltd


Eurobank SA


Eurobank Cyprus


Hellenic Bank


Cyprus Public Audit Oversight Board


University of Cyprus


Highlight-Mandate


  • Advised on the recent acquisition of control by Eurobank S.A. in Hellenic Bank, after completion of a series of acquisitions and mandatory takeover bid to all shareholders, and obtained competition clearance from the Cyprus Commission for the Protection of Competition.
  • Advising a petroleum/LPG trading company (VLPG Plant Ltd) in relation to the creation of a JV for the purpose of constructing new LPG facilities and obtaining clearance from the competition authorities.
  • Advising Hellenic Bank on the recently announced agreement to acquire 100% of CNP Cyprus Group and assisting with the process for approval before the local competition authorities.

Lellos P Demetriades Law Office

The accomplished team at Lellos P Demetriades Law Office is led by Achilleas Demetriades. It has extensive experience in all aspects of EU and national competition law. The group frequently advises on abuse of dominant position and cartel investigations. It is skilled at also handling merger notification filings and judicial review applications against decisions of the Commission for the Protection of Competition. The practice continues to be busy advising on private actions for damages relating to breaches of competition law. In addition, the group assists clients in the preparation of competition policies and advises clients on dawn raids and other aspects of risk management. It has sector expertise in diverse areas, such as pharmaceuticals, tobacco, aviation and insurance.

Praxisleiter:

Achilleas Demetriades


Referenzen

‘We are very happy to have the services of the Lellos P. Demetriades Law office. While this is a large and prestigious law office, the services we receive are customised services to our needs and we feel that this office is fully dedicated to us.’

‘Very professional, courteous and friendly staff. Extremely knowledgeable and valuable for our daily work.’

‘Adherence to the highest professional and ethical standards.’

Highlight-Mandate


  • Advising a Cyprus company in two pending investigations (sector inquiry and cartel investigation) by the CPC.
  • Representing a local company in an action launched by the CPC for the recovery of the administrative fine that was imposed.
  • Representing a local company before the Administrative Court in challenging a CPC decision.

Michael Kyprianou & Co. LLC

Menelaos Kyprianou and Ioanna Solomou co-head the department at Michael Kyprianou & Co. LLC, which assists both local and international clients on a broad spectrum of national and EU competition law matters. It is regularly called upon to advise on diverse matters, such as infringements of competition laws, anti-competitive practices, and issues relating to state aid. The team has a considerable international reach and has strong links with some international law firms.

Praxisleiter:

Menelaos Kyprianou; Ioanna Solomou


Weitere Kernanwälte:

Eleana Poulladou; Andria Kouloumi


Referenzen

‘Excellent know-how of the competition law landscape with exceptional lawyers focusing on clients’ needs from first contact to billing.’

‘Ms. Ioanna Solomou, Ms. Eleana Poulladou, and Ms. Andria Kouloumi are excellent professionals and top-notch competition law lawyers. Their working ethos, subject-matter expertise, and availability are highly commendable beyond any doubt.’

Kernmandanten

Spark Legal and Policy Consulting


Highlight-Mandate


  • Selected as national legal experts of Cyprus in various studies that Spark Legal and Policy Consulting has been engaged to perform, involving matters of EU and competition.
  • Advising its client on an ongoing basis in relation to both GDPR and competition issues.

Antis Triantafyllides & Sons LLC

The team at Antis Triantafyllides & Sons LLC is jointly led by Stelios Triantafyllides and George Triantafyllides. It is skilled at providing preliminary advice, as well as full representation, in hearings before the Commission for the Protection of Competition. Clients stem from a diverse range of industries, such as energy, gas, banking and automotive. Other areas of concentration include reviewing agreements and business ventures for anti-competitive clauses and concerted practices.

Praxisleiter:

Stelios Triantafyllides; George Triantafyllides


Kernmandanten

A. Zorbas and Sons Ltd


Edex Educational Excellence Corporation


Cyprus Import Incorporation Limited


Cyprus Theatre Organisation


Forthnet A.E.


Highlight-Mandate


  • Handled a concentration notification before the Cyprus Commission for the Protection of Competition on behalf of A. Zorbas and Sons Ltd.
  • Handled a concentration notification before the Cyprus Commission for the Protection of Competition on behalf of Edex Educational Excellence Corporation.
  • Handling a recourse against the Cyprus Commission for the Protection of Competition, on behalf of Cyprus Import Incorporation Ltd, in connection with an administrative fine imposed by the Commission for the Protection of Competition for breach of Article 3 of Protection of Competition Law and Article 101 of TFEU.