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