ARTICLE · 08 OCTOBER 2012

New Competition Act In Montenegro In Force As Of 9 October 2012

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A new Law on the Protection of Competition (Official Gazette of the Republic of Montenegro, no. 44/2012) will come into force in Montenegro on 9 October 2012.

MontenegroAntitrust/Competition Law

Srđana Petronijević

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A new Law on the Protection of Competition (Official Gazette of the Republic of Montenegro, no. 44/2012) ("Competition Act") will come into force in Montenegro on 9 October 2012. The Competition Act regulates both market behaviour (restrictive agreements and abuse of dominance) and merger control.

With respect to merger control, the most significant changes concern notification thresholds and deadlines, as well as deadlines within which the competition authority must review mergers and issue appropriate decisions.

The Agency for the Protection of Competition

The Agency for the Protection of Competition ("Agency"), although formally a new body established by the Competition Act in the form of a public agency, is the successor of the Directorate for the Protection of Competition established in 2008. The Agency is responsible for competition law but has recourse to misdemeanour courts in order to levy fines for competition law violations. Decisions rendered by the

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