Commission for the Protection of Competition
The Commission for Protection of Competition (henceforth CPC) has the exclusive competence for the harmonious operation of the market, within the rules of fair competition far from any anticompetitive distortions as means to boost economic growth and social welfare.
The Protection of Competition Law 2008 and 2014 in conjunction with the Control of Concentrations of Enterprises Law 83(Ι)/2014, place the rules and principles that have as an objective the maintenance of effective competition within the Cypriot market. The laws entrust the CPC with the obligation for the fulfillment of this objective that creates the conditions so that consumers are offered higher quality goods and services at competitive prices This way productivity and investments of enterprises are increases as well as the creation of a climate favourable to the research, innovation and technological progress.
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