Serbia’s national competition authority (NCA), the Commission for Protection of Competition, has issued a guidance clarifying some of the main elements of the Serbian merger control regime.
The NCA has clarified:
- Who is considered as a party to the concentration in case of a merger, and who in case of a takeover;
- Who is considered as the acquirer in case of acquisition of joint control;
- How the turnover of the parties is calculated for the purpose of the Serbian merger control thresholds.
In some aspects, the NCA only restated the previously known practice, while in some other it hinted a change of course.
For more information about the effect of the latest NCA notice on merger control in Serbia, please contact Dr. Dragan Gajin, Head of Competition at Doklestic Repic & Gajin.