President of the Commission for Protection of Competition Dr Miloje Obradović took part, together with his colleague Marija Antić, in the 18th Session of the Intergovernmental Group of Experts on Competition Law and Policy of the United Nations Conference on Trade and Development – UNCTAD, held in Geneva.

During the IGE session, the document titled “Guiding Policies and Procedures under the UN Set on Competition” was adopted, drafted to reflect an initiative presented by the Federal Antimonopoly Service of the Russian Federation – FAS, in cooperation with competition authorities of Japan, USA, Hungary, Germany, Croatia, Italy, and Austria. The Commission for Protection of Competition of the Republic of Serbia also took an active role in the previous period, working together with colleagues from other competition authorities in preparing the final version of this document, which should contribute to the increased efficiency of competition authorities in finding the best common solutions in curbing anticompetitive behaviors.

During the session, Dr Obradović had a series of bilateral discussions with the heads of various global competition authorities, aimed at exchanging experiences towards the establishment of a mechanism for more qualitative work in securing a level playing field for all undertakings. The joint position reaffirmed the view that one of the main challenges in harmonizing competition policy and law relates to the increasingly more digitally mediated economy, as well as that the modern fight against anticompetitive conduct of undertakings is increasingly less confined within national boundaries, thus making the reinforced international cooperation in this area imperative and essential.

The heads and senior officials from more than 50 competition authorities from around the world have participated in the 18th Session of the Intergovernmental Group of Experts on Competition Law and Policy, in addition to representatives of international institutions and academia, international organizations, etc.