Lefkothea has deep experience of competition law, both in Greece and across the EU. She served for 15 years with the Hellenic Competition Commission (HCC) and spent five years on its Board. Lefkothea was a member of the EU Council’s negotiation team for the adoption of the Directive on antitrust damages actions and of the legislative committee for the transposition of the Directive on antitrust damages actions in Greece. She was also a member of the legislative committee for the transposition in the Greek legal order of the Directive on the effective enforcement of competition rules by national Competition Authorities (ECN +), and a regular delegate-representative at the OECD and the European Competition Network.
Since leaving the HCC she has worked in private practice, focusing on EU and competition law across a range of sectors. Her practice focuses on supporting clients – both domestic and international – in identifying and addressing issues with Greek and EU competition law, regulatory compliance and structuring transactions and commercial agreements to satisfy antitrust and competition laws.
Lefkothea advises clients across a wide range of deals and commercial matters including privatisations, cross-border and domestic M&A and joint ventures, cartels and abuse of dominance, distribution networks, vertical agreements and restrictive practices, investigations and compliance, state aid, procedures before administrative authorities and litigation before courts.
She works closely with practice area and sector teams across the firm, particularly Banking & Finance, Capital Markets, Corporate, M&A, Energy, Utilities, TMT & Intellectual Property and Litigation. Lefkothea has advised on matters across a wide range of sectors including energy, construction, banking, commodities, oil & gas, consumer and retail, motor vehicles, pharmaceuticals, cosmetics, ports and infrastructure, TMT, and gaming.
During her long career in competition law, Lefkothea has advised on numerous high-profile cases including:
- Bid-rigging: HCC issued record fines of €80m to a construction cartel comprising 15 companies using its leniency programme and the recently introduced settlement procedure for the first time.
- Abuse of dominance: A pharmaceutical company was fined over €4 million for restricting supply of two drugs to Greek wholesalers.
- Commitments: Far-reaching commitments by the Greek incumbent gas supplier to increase and support competition, including an auction system for gas and access to infrastructure obligations.
- Phase 2 merger: HCC cleared with commitments a merger in the shipping sector.
In addition to consulting on regulatory issues Greek business and industry associations, Lefkothea also serves as a senior international expert on competition law in competition capacity-building programmes, including the EBRD-funded project Support to the Armenian State Commission for the Protection of Economic Competition, awarded to Learlab s.r.l., and the EU-funded project Training of National Judges on Competition Law, under the framework of the OECD-GVH Regional Centre for Competition.
Before specialising in competition law, Lefkothea practised for five years at the bar of Volos, focusing on civil, commercial law, penal and administrative law.
She has also served as an intern (Stagiaire) at the European Commission’s Directorate General for Competition and at the Athens Chamber of Commerce & Industry Bureau in Brussels.