Based on submitted information, the Commission for Protection of Competition has instituted proceedings ex officio for investigating concentration created by acquisition of individual control on the part of company „Prointer IT Solutions and Services“ LLC Beograd, over company “Alti” LLC Čačak.

In the course of investigation procedure is established that the concentration is implemented without received prior approval of the Commission, thus violating the Law on Protection of Competition, and consequently resulting in determining measure for protection of competition against company „Prointer IT Solutions and Services“ LLC in the amount of 6.7 million dinars.

When determining the amount of related measure, the Commission has considered that said concentration would not cause adverse consequences and would be approved, if notified pursuant to legal obligation.

Member of the Council of the Commission for Protection of Competition, Marko Obradović, and Dean of the Faculty of Economics in Niš, Prof. dr sc. Jadranka Đurović Todorović, have signed the Memorandum on Cooperation between the Commission for Protection of Competition and the Faculty of Economics in Niš.

Memorandum on Cooperation defines the establishment of expert and educational cooperation between these two institutions in the competition policy area via organization of seminars, guest lecture series of the Commission’s experts, joint thematic workshops at the Institute of the Faculty of Economics in Niš, establishing academic internship programs and joint publishing activities in the competition policy area.

Signed document will enable joint activities to be placed on the promotion of competition policy and raising awareness of its significance within the academic and broader general public, to be achieved in cooperation with the Business Cooperation Center of Niš, in addition to introducing an academic course in the field of competition policy as an elective for Masters level students.

Memorandum on Cooperation with the Faculty of Economics in Niš is the fourth such agreement of the Commission signed with the academic community representatives.