The Slovak national competition authority (Antimonopoly Office of the Slovak Republic, the “AMO”) released the first draft of the new Competition Act for consultation. The authorities and the public may submit comments to the draft until 6 November 2020. The proposed date of entry into force of the new legislation is 4 February 2021. In this legal update, we are summarising the most important proposed changes. It should be borne on mind that the current draft is only the first stage of the legislative procedure, and the final wording of the act may vary. New definition of undertaking Definition of “undertaking” as addressee of the Competition Act should be amended in line with the EU law concept to: “an entity engaged in economic activity or concerning its activities and actions related
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The Slovak Competition Authority releases the first draft of the new Competition Act for consultation
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