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Public Interest Versus Freedom Of Competition In Sea Ports Privatizations: The Case Of Greece

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Chapter Summary

It has always been the case that cargo handling privatization is at the cutting edge of political and social pressure, in such a way that any such regulatory intervention has caused great anxiety. The reasons are the multiplicity of financial administration models, the powerful private and public interests involved and the variety of services provided within the ports. In the case of the two biggest Greek sea ports, Piraeus and Thessaloniki, currently undergoing privatization schemes, there is no properly understood process of market liberalization, given that it would be practically impossible to provide a free competitive environment, or even to pass on cargo handling services to a large number of operators. Under Greek law, it seems that there is no general constitutional obligation to maintain the level of working conditions when conveying a service from the public to the private sector due to the political impact of such schemes.

Keywords: financial administration models; Greek sea ports; Piraeus; privatization schemes; Thessaloniki



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