What were the main traits of merger control in Serbia in 2019? Doklestic Repic & Gajin competition team has crunched the numbers to find out.
We have already written about the effects of the COVID-19 outbreak on merger control in Serbia. Now, the issue of deadlines in the merger control procedure during the state of emergency in Serbia has been clarified by a Government decree.
Even in the middle of the COVID-19 outbreak, the Serbian national competition authority (NCA) is continuing with its regular merger control operations – it has announced it has started a Phase II probe of a planned takeover in the phytopharmacy sector.
Following a Phase II investigation started back in April, the Serbian national competition authority (NCA) has cleared an acquisition in the baking industry – with strings attached.
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.
The Serbian national competition authority (NCA) has opened a Phase II investigation of a planned concentration in the baking industry.
The Serbian NCA seems to have set its sights on merger control: during the entire 2018 it had only one Phase II investigation, while during the first quarter of 2019 alone it has launched two such probes. Specifically, following the launch of a Phase II probe of a planned acquisition of a local cable operator by Telecom Serbia, the NCA is now investigating a planned JV between two leading retailers of consumer electronics and home appliances.
The Serbian NCA, the Commission for Protection of Competition, has announced it has opened a Phase II investigation of a planned acquisition of a local cable operator by the Serbian telecom incumbent – Telecom Serbia.
In 2018 the Serbian NCA examined a record number of mergers. Here are some of the most interesting statistics from this period.
With the first quarter of 2018 well behind us, let’s take a look at how merger control activity in Serbia has been playing out.