The Serbian Competition Authority fines a local IT company for gun jumping (Prointer)

The Serbian Commission for the Protection of Competition (“Commission“) has recently fined local IT company Prointer a total of approx. EUR 56,000 (approximately 0.25% of its relevant turnover) for implementation of a concentration prior to obtaining merger clearance. This is the Commission’s first gun-jumping case. In 2015, Prointer acquired 50% of capital in Serbian company Alti, one of the leading distributors and manufacturers of computers, consumer goods and communication technologies in the region. In this manner, Prointer

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  • Karanovic & Partners (Belgrade)

Quotation

Mladen Vujić, The Serbian Competition Authority fines a local IT company for gun jumping (Prointer), 12 July 2017, e-Competitions July 2017, Art. N° 97523

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