International : Serbia - Competition law

Serbia : The upcoming reform of competition law - A necessary step towards closer approximation with EU law

MOTS-CLÉS

The adoption of the Law on protection of competition in September 2005 was an important phase in the development of Serbian competition law. For the first time in the Serbian legal system, the Law introduced rules on protection of competition based on European Union law standards. However, the first two years of its application revealed some deficiencies, especially as regards anticompetitive agreements, control of concentrations and rules of procedure before the Serbian Commission for protection of competition. The Proposal of Law Amending the Law on protection of competition, which is to be adopted soon, is likely to reduce or eliminate most of these deficiencies.

1. The Serbian Law on Protection of Competition [1] (Law) entered into force on 24 September 2005 and replaced the previous law adopted in 1996 which had many deficiencies and which has never really been applied. 2. The adoption of the Law in September 2005 was an important step towards modernization of Serbian competition law. For the first time in the Serbian legal system, the Law introduced rules on protection of competition based on European Union law standards. However, the first two years of its application revealed some deficiencies, which we would like to underline. The Law in force, although generally based on EU standards, has shown important deficiencies especially as regards rules of procedure before the Serbian Commission for protection of competition (Serbian Competition

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