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Serbia modernises competition law regime

Overview


The Serbian Government adopted several bylaws in July 2010 which further modernise the Serbian competition law regime. The regulations entered into effect on 31 July 2010.

Regulation on setting of fines:

The Regulation on the criteria for setting fines. (Uredba o kriterijumima za određivanje visine iznosa koji se plaća na osnovu mere zaštite konkurencije i procesnog penala, načinu i roko-vima njihovog plaćanja i uslovima za određivanja tih mera; "Official Gazette of the RS" no. 50/2010; "Regulation on Fines") sets out several criteria to be taken into account when determining the amount payable on the basis of a measure for the protection of competition and procedural penalty.

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