Serbia merger control
Produced in partnership with Moravčević Vojnović i partneri AOD Beograd in cooperation with Schoenherr
Serbia merger control

The following Competition guidance note Produced in partnership with Moravčević Vojnović i partneri AOD Beograd in cooperation with Schoenherr provides comprehensive and up to date legal information covering:

  • Serbia merger control
  • 1. Have there been any recent developments regarding the Serbian merger control regime and are any updates/developments expected in the coming year? Also, are there any other ‘hot’ merger control issues or points of interest regarding the Serbian merger control regime?
  • 2. Under Serbian merger control law, is the control test the same as the EU concept of ‘decisive influence’? If not, how does it differ and what is the position in relation to 'minority shareholdings'?
  • 3. Are joint ventures caught by the national merger control provisions (including non-structural, cooperative joint ventures)?
  • 4. What are the merger control thresholds and would a purely foreign-to-foreign transaction be caught (commenting on an ‘effects’ doctrine or policy if relevant)?
  • 5. Are there any specific issues parties should be aware of when compiling and calculating the relevant turnover for applying the jurisdictional thresholds?
  • 6. Where the jurisdictional thresholds are met, is notification mandatory and must closing be suspended pending clearance?
  • 7. Is there any discretion to review transactions that fall below the notification thresholds?
  • 8. Is it possible to close the deal globally prior to local clearance?
  • 9. Is there a deadline for filing a notifiable transaction and what is the timetable thereafter for review by the Competition Authority?
  • more

A conversation with Srdjana Petronijevic, partner at Serbian law firm Moravčević Vojnović i partneri AOD Beograd in cooperation with Schoenherr, on key issues on merger control in Serbia.

NOTE–to see whether notification thresholds in Serbia and throughout the world are met, see Where to Notify.

1. Have there been any recent developments regarding the Serbian merger control regime and are any updates/developments expected in the coming year? Also, are there any other ‘hot’ merger control issues or points of interest regarding the Serbian merger control regime?

The Serbian Commission for Protection of Competition (the Commission), together with the Ministry of Trade, Transport and Tourism, have initiated the procedure to draft a new Competition Act which would replace the current Competition Act. The aim of this new Act would be to harmonise Serbian competition law with EU rules while observing the specific demands of the Serbian market. The working group that prepares the draft gathers all relevant stakeholders, including experts, business and legal community in Serbia. Moravčević Vojnović and Partners in cooperation with Schoenherr is a member of the working group and is closely monitoring the legislative process. It is not at this stage clear how long it will take before the new Act comes into force, but most estimates anticipate it will sometime in 2019. A draft of the proposed