Schoenherr operates the largest law firm presence in Montenegro, primarily serving foreign clients seeking investment opportunities in the country. The firm's Montenegro office specializes in facilitating inbound investment flows and provides comprehensive legal services across multiple practice areas and industries.

The authority with competence over merger control in Montenegro is the Agency for the Protection of Competition [Agencija za zaštitu konkurencije] ("Agency"), established by the 2012 Law on the Protection of Competition.

The general procedure applicable to M&A transactions is regulated by the Companies Act. If the target is a joint stock company, specific additional rules that may apply are provided in the Takeover Act and the Securities Act.

In case not all the minority shareholders are willing to sell, a squeeze-out mechanism could be a solution.