The Bulgarian Parliament passes a new law on the Protection of Competition

1. On December 2, 2008 the new Bulgarian Law on the Protection of Competition (“LPC”) [1] came into effect [2]. Shortly after Bulgaria joined the EU in 2007, it became clear that the patchwork additions that have been made over the years to the existing 1998 Law on the Protection of Competition (“1998 Law”) were not sufficient to comprehensively incorporate the EC Council Regulation 1/2003 [3] and 139/2004 [4] and to clarify the jurisdiction and cooperation between the Bulgarian authority, the European Commission and the other Member States competition authorities. To address these shortcomings, the Bulgarian Commission for Protection of Competition (“CPC”), in cooperation with its Italian counterpart [5], crafted a new law aimed at harmonizing the Bulgarian competition regime and

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Anna A. Chehtova, The Bulgarian Parliament passes a new law on the Protection of Competition, 2 December 2008, e-Competitions Bulletin Commitment Decisions, Art. N° 23368

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