The Greek Ministry of Development has imposed fines totaling over €2.2 million on major supermarket chains for violations of profit margin limits and the Retail Code of Ethics. The decision comes after inspections conducted by the Directorate for Market Surveillance (ΔΙΜΕΑ).
Minister of Development Takis Theodorikakos emphasized the importance of the rulings, stating, “The enforcement of consumer protection law is non-negotiable. The law applies to everyone, and retail operators must demonstrate social responsibility toward all citizens.”
Details of the Fines
- Lidl: Fined €805,340 for breaching the legally set profit margin cap. The inspection was ordered in 2024, and the process concluded on September 5, 2025.
- Sklavenitis: Fined €1,440,000 for violations of the Retail Code of Ethics following inspections carried out in summer 2025.
Both companies were notified of the decisions prior to their official announcement.
Minister Reiterates Commitment to Consumers
Minister Theodorikakos highlighted the government’s dedication to protecting household incomes, especially for the middle class and vulnerable social groups. “We are committed to taking all actions within our reach to support the disposable income of Greek families,” he said.
The fines underscore Greece’s strict approach to consumer protection and the expectation that major retailers comply with both legal and ethical standards.
Source: tovima.com