The Commission for Protection of Competition has, ex officio, initiated proceedings against the company DRUŠTVO ZA PROIZVODNjU PROMET I USLUGE AGROMARKET DOO KRAGUJEVAC, based in Kragujevac, to investigate a concentration that was carried out without the necessary approval in accordance with the Law on Protection of Competition. It is reasonably presumed that this concentration resulted from AGROMARKET DOO acquiring control over AM Hotel, a specialized real estate company located in Ljubljana, Republic of Slovenia.

The Commission will assess the criteria established by law (Article 19 of the Law on Protection of Competition) during the investigative proceedings to determine the legality of the concentration. In particular, it will take into account that this concentration was executed without notification, which constituted an obligation for the market participants. The law stipulates that concentrations among market participants are permitted, unless they significantly restrict, distort, or prevent competition in the market of the Republic of Serbia, particularly if such restriction, distortion, or prevention is the result of creating or strengthening of a dominant position.

The Commission will ascertain the critical facts, evidence, and other elements that will serve as the basis for its decision regarding the possible implementation of competition protection measures, specifically measures aimed at deconcentration.

Through the conclusion that initiates the proceedings, all individuals in possession of data, documents, or other relevant information that may aid in establishing the accurate factual situation in this case are hereby invited to promptly submit such information to the Commission for Protection of Competition at the address: 25/IV Savska Street, Belgrade.