Improvements to the competition law and policy in the Republic of Serbia in the context of the preparation of a new legal framework governing this specific area was the topic of discussion at the meeting between the Commission for Protection of Competition and companies, members of the American Chamber of Commerce in Serbia.

On the occasion, President of the Commission for Protection of Competition, Dr Miloje Obradović, together with Čedomir Radojčić, CPC Council member, and Gordana Lukić, Head of the Merger Investigation Division, who are otherwise members of the Working Group for drafting new competition act, has presented to the audience details on the motivation and key directions of development of future legal solutions.

It is established that a new legal framework governing competition policy is necessary against the background of continued harmonization with the EU Acquis, but also for the strengthening of current institutional capacities of the Commission for Protection of Competition and efficiency of enforcement mechanisms in light of securing a level playing field and further enhancement of legal certainty of undertakings. It is underlined that this is the first time that all relevant stakeholders are taking part in the drafting of a new regulation.