New Electronic Media Act Brings Changes To Concentrations In Electronic Media Sector

Croatian Parliament recently adopted the final draft of the new Electronic Media Act (the Act), which entered into force on 22 October 2021.

Even prior to the amendments to the Act, each concentration in the media sector had to be notified to the to the Croatian Competition Agency (CCA), irrespective of whether it met the thresholds set out in the Competition Act. However, under the old regime, parties to such concentrations first had to obtain the expert opinion of the Agency for Electronic Media (AEM) in order to determine that the proposed transaction was not prohibited under the Electronic Media Act; only thereafter could parties notify the CCA of the proposed concentration.