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.
Like most of Europe, Serbia has been affected by the COVID-19 outbreak. How does this affect merger control in Serbia?
Following an in-depth merger investigation, the Serbian competition law enforcer – the Commission for Protection of Competition – has conditionally cleared a concentration in the retail of consumer electronics. The combination will create the largest retailer of consumer electronics in Serbia.
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.
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.
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 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.
Compared to its neighbors, Bosnia and Herzegovina has been known as a jurisdiction with relatively low merger filing fees. Will it stay like that if the proposed changes to the filing fees go through?
It had to happen at some point: in a decision dated 12 July 2017, the Serbian Competition Commission for the first time fined an undertaking for implementing a merger without clearance. Even though the fine can be qualified as symbolic, it is a strong indication that the Commission will no longer refrain itself from issuing fines in similar cases.