The Serbian Competition Authority issues its first decision granting an immunity from a fine of €500,000 to a cartel participant based on a leniency application (Konica Minolta distributors)

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Serbian Competition Authority, Konica Minolta distributors, 4/0-02-427/2018, 27 September 2019

Almost 10 years after the introduction of the leniency programme in Serbia, the Commission for Protection of Competition ('Commission') adopted on 27 of September 2019 the first decision granting immunity from a fine to a cartel participant. This decision brings to life the 2009 statutory provision introducing the leniency programme, while the undertakings on the market are being sent a message that the Commission fully applies modern competition law instruments and that the Serbian competition law regime provides the same rights and tools available in the EU. In addition, this decision is significant as it imposes a record fine of 7.55 % of the respecting undertaking’s annual turnover generated in the territory of the Republic of Serbia, totalling at EUR 500.000. In this proceeding

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Zoran Šoljaga, Srdana Petronijevic, The Serbian Competition Authority issues its first decision granting an immunity from a fine of €500,000 to a cartel participant based on a leniency application (Konica Minolta distributors), 27 September 2019, e-Competitions September 2019, Art. N° 92673

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