As announced, one of his main priorities Ministry of Development it is the support of healthy entrepreneurship, the proper functioning of the market through free competition and the protection of consumers.

Since the operation of the digital tool for identifying misleading discounts used by the audit services of the Ministry of Development, they have been identified 14 companies which in recent weeks have made misleading discounts.

Pursuant to article 9j of Law 2251/1994, a fine of a total amount of 2,220,000 euros is imposed. Article 13a provides for the publication of the specific companies, as long as the fine is more than 50,000 euros.

The 5 companies in which the legal procedure has been completed, the fines are as follows:

• 500,000 euros – KOSMOS SPORT S.A.
• 400,000 euros – ATTICA DEPARTMENT STORES, anonymous sole proprietorship
• 300,000 euros – LA VIE EN ROSE by Dimitra Katsafadou, company manufacturing and marketing cosmetic products
• 200,000 euros – NOTOS COM HOLDINGS, an anonymous commercial and industrial company
• 55,000 euros – SNEAKERS MARKET

In the remaining 9 companies, the process of notifying them is pending and their information will be published immediately after. In two cases the fines are below 50,000 euros, in which case their names will not be announced as the Law stipulates.