The Ministry of Finance published, at the end of -March 2023, its eleventh Regulation on interest rates which are considered to be in line with the "arm’s length" principle. The Ministry of Finance, i.e. the Minister issues this Regulation every year and it pertains to the interest rates for that year.
Calavros Successfully Represented Mytilineos Before Hellenic Competition Commission
The Calavros Law Firm has successfully represented Mytilineos before the Hellenic Competition Commission in a case related to the abuse of dominance by a supplier and the violation of interim measures rendered by the HCC.
Leaving the Network Behind: An Interview with Tarja Krehic of the Krehic Law Office
On April 28, 2023, CEE Legal Matters reported that Tarja Krehic had left the Deloitte Legal network to set up a new law firm in Zagreb. We spoke with Krehic shortly afterward to learn more about the concluded cooperation, the intricacies of her new agenda, and the plans for her firm going forward.
Yet Another Investigation Initiated by the Serbian Competition Commission
On 24 March 2023, the Commission for the Protection of the Competition (“Commission”) initiated an investigation against the Hotelsko, Ugostiteljsko i Turisticko preduzece Moskva doo (“Moskva”) for possible gun-jumping.
The Office for the Protection of Competition Has Published Results of New Sectoral Investigation in Pharmaceutical Industry
The Office for the Protection of Competition has recently published the results of a sectoral investigation in the pharmaceutical sector. The sectoral investigation is a tool used by both, national competition authorities and the European Commission to comprehensively investigate competition rules in a given sector, especially if they suspect that competition rules are being violated.
Croatian Transposition of Directive (Eu) 2020/1828 on Representative Actions for the Protection of the Collective Interests of Consumers
Croatian Consumer Protection Act authorizes qualified entities such as consumer organizations and public authorities to bring civil proceedings against traders or trade associations engaged in practices that violate Croatian consumer protection laws. Under the current regime, the competent court is authorized to (i) establish that the infringement occurred, (ii) order the respondent (e.g., trader) to cease the prohibited behaviour and, if possible, to adopt measures necessary to eliminate the harmful effects of respondent’s prohibited conduct, and (iii) prohibit any such or similar future behaviour.
A Look Back at 2022 in Terms of Antitrust and What to Expect in 2023
In 2022, the Romanian competition authority focused on closing important investigations, recorded the highest number of cleared mergers in recent history and set the legislative framework for new directions of action and analysis.