New Merger Notification Decree
The Government of Republic of Serbia has adopted a new decree regulating the content and method of filing a merger notification (hereinafter “Decree”). The Decree is implemented as of February 2, 2016.
The new Decree provides for the possibility of submission of a shortened form of merger notification by reducing the necessary documentation and information which should be delivered to the Competition Authority.
The idea behind this novelty is to facilitate the merger clearance in case of transactions that have no or an insignificant impact on the Serbian market.
The Competition Authority has also announced its readiness for organization of pre-notification meetings, the purpose of which would be to eliminate any concerns related to the implementation of the new Decree.
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