The Serbian national competition authority (NCA) – the Commission for Protection of Competition – has announced it has started a gun-jumping investigation against Fortenova Group. The Serbian NCA is probing whether Fortenova acquired control of Agrokor’s assets without notifying the transaction in the merger control procedure.
Acquisition of portfolios of non-performing loans (NPLs) has been commonplace in Serbia for several years already. And an accompanying issue has been whether such acquisitions need to be filed to the Serbian national competition authority (NCA) for merger examination. Now, the NCA has resolved that issue, by issuing an opinion on the matter.
Our newsletter for September is out!
Serbia still has a system of individual exemption of restrictive agreements based on prior notification to the national competition authority (NCA). What kind of agreements did the NCA exempt during 2018?
Last year, the Serbian national competition authority (NCA) for the first time launched an antitrust probe against a foreign-based entity – Polish sports equipment manufacturer Polanik. Now, the NCA has decided to terminate the investigation, which means that the wait for the first cross-border antitrust fine in Serbia continues.
Our newsletter for August is out!
In a landmark merger control case, the national competition authority (NCA) of Bosnia and Herzegovina – the Competition Council – has conditionally cleared the acquisition of a local cable operator. This appears to be the first ever conditional clearance in Bosnia.
Our competition newsletter for July is out! Continue Reading
Nine years after the adoption of the current Law on the Control of State Aid, Serbia is set to get a new legislation in this field. The proclaimed purpose of the new law is to regulate State aid issues in a more precise and complete manner than the current one.
We wrote earlier about a planned JV between two leading retailers of consumer electronics and home appliances in Serbia, which went to Phase II. In the meantime, the parties seemed to have changed the structure of the transaction and, instead of a JV, the planned combination would consist in one of the involved retailers acquiring the other.