In terms of Law on Protecting of Competition concentration arises where a change of control on a lasting basis results from:
In some cases the concentration may unfavorably affect competition in the relevant market. Because of this, concentration is subject to control by regulatory bodies for the protection of competition, which in Serbia is the Commission for Protection of Competition (CPC).
Concentration must be notified to the CPC prior its implementation. Belox has substantial experience in this area and we are offering our clients support in this process in the form of detail analyses which include:
Depending on the results of the analysis, the CPC can unconditionally approve, conditionally approve or deny the concentration of the applicant.