The following Competition guidance note Produced in partnership with PPG Lawyers provides comprehensive and up to date legal information covering:
A conversation with Mariya Papazova, partner at Bulgarian law firm PPG Lawyers on key issues on merger control in Bulgaria.
NOTE–to see whether notification thresholds in Bulgaria and throughout the world are met, see Where to Notify.
The last major amendments to the Bulgarian merger control regime were made by the adoption of the current Bulgarian Competition Protection Act (CPA) at the end of 2008.
At the end of 2011, the Bulgarian Competition Protection Commission (CPC) adopted Rules on imposing remedies for restoring effective competition in concentrations between undertakings, subject to in-depth investigation in order to increase the effectiveness of the merger control in Bulgaria.
The latest amendments of the CPA, which entered into force on 1 January 2019, affected the appeal process for decisions of the CPC, including those regarding merger control. Now, the CPC’s decisions are appealed before the Administrative Court–Sofia District (ACSD). If an interested party appeals ACSD’s decision before Supreme Administrative Court as a cassation instance, the party has to pay administrative tax in amount equal to the administrative tax for opening the initial CPC’s procedure.
The CPC continues with its efforts to increase the effectiveness of the merger control by:
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