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Greek coastal shipping sector triggers sector inquiry

( May 8, 2025, 08:03 GMT | Official Statement) -- MLex Summary: The Hellenic Competition Commission has opened a sector inquiry into Greece's domestic coastal shipping sector, citing the evolution of ferry ticket prices. The authority is concerned about the oligopolistic character of the market, with two large groups holding 60 percent of the medium and long-distance coastal shipping fleet. Despite the full liberalization of the market, service quality remains low and several islands are still poorly served. The office will now probe the industry in-depth to identify distortions and issue proposals to boost competition in the market.Statement follows. ...

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