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.
For more than two years already, a new Serbian Competition Act has been brewing. Now, a draft of the new legislation has been published. If adopted, what changes will it bring to Serbian competition law?
What were the major competition law developments in Macedonia (FYROM) during 2018?
What were the most notable developments during 2018 in the competition law of Bosnia and Herzegovina?
What was new in competition law in Montenegro in the previous year?
During 2018, the Serbian national competition authority (NCA), the Commission for Protection of Competition of the Republic of Serbia, has continued with a high level of enforcement activity. This resulted in a number of new cases and in other interesting developments in Serbian competition law.
When it comes to restrictive agreements, Serbia still has a system of individual exemption based on prior notification to the NCA. And since the NCA has recently published a summary of all exemption decisions it adopted during 2017, it may be interesting to look at these in more depth.
In a recently published opinion, the Serbian NCA pronounced it had no jurisdiction over an extraterritorial vertical agreement. The extraterritorial vertical was an exclusive distribution agreement between a Serbian supplier and a foreign distributor. How come then the Serbian NCA has jurisdiction over extraterritorial mergers?
Unlike the current EU mechanism, Serbia’s system of individual exemption of restrictive agreements is still based on prior notification to the competition authority – the Commission for Protection of Competition. However, it seems this is about to change.