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21 September 2017
The Competition Authority issued 28 merger control clearance decisions in 2016:
The authority conducted one dawn raid in 2016.
The authority has announced that, with the help of the EU Delegation to Montenegro, it plans to purchase forensic software and technical equipment in 2018 which will allow it to continue its investigation activities.
The authority imposed no penalties in 2016 (unlike 2015, in which 17 undertakings were fined). The court in charge of imposing fines imposed no other penalties.
One of the weak points elaborated on in the 2016 Annual Report was the judicial review of the authority's decisions and lack of fining practice. The authority believes that judges should be trained, a stricter fining policy be implemented and the Competition Act and the Misdemeanour Act be amended to allow for better enforcement of competition infringement and fining decisions.
For further information on this topic please contact Srdjana Petronijević at Moravčević Vojnović i Partneri in cooperation with Schoenherr by telephone (+381 11 320 26 00) or email (email@example.com). The Moravčević Vojnović i Partneri website can be accessed at www.schoenherr.rs.
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