MONTENEGRO Law and Practice Contributed by: Bisera Andrijasevic and Marija Ksenija Popović, BDK Advokati
BDK Advokati Bulevar knjaza Danila Petrovića 11 The Capital Plaza 81000 Podgorica Montenegro Tel: +382 20 230 396 Email: office.cg@bdkadvokati.com Web: www.bdkadvokati.com
1. Legislation and Enforcing Authorities 1.1 Merger Control Legislation
• the Notice on the Protection of Confidential Business Information in Proceedings Before the Agency for Protection of Competition, dated 30 September 2014 ( Obavještenje o zaštiti povjerljivih poslovnih podataka u postupku pred Agencijom za zaštitu konkuren- cije ) (the “Notice on the Protection of Confi - dential Information”); and • the Tariff on the Amount of Payable Fees in the Proceedings Before the Agency for Pro - tection of Competition ( Tarifnik o visini nakna- da koje se plaćaju u postupku pred Agencijom za zaštitu konkurencije ) (Official Gazette of Montenegro, No 14/2013) (the “Tariff”). The Competition Act is largely aligned with EU merger control legislation but addresses many issues only in broad terms, lacking detailed regulation. While EU merger control rules do not directly apply in Montenegro, the Agency for Protection of Competition (the “Agency”) relies on EU regulations, guidelines and case law to interpret the Competition Act, including, for merger control purposes, the Commission Consolidated Jurisdictional Notice under Coun - cil Regulation (EC) No 139/2004 on the control of concentrations between undertakings (the ”Jurisdictional Notice”). Parties are encouraged
The rules governing merger control in Montene - gro are laid down by the Protection of Compe - tition Act ( Zakon o zaštiti konkurencije ) (Official Gazette of Montenegro, Nos 44/2012, 013/18 and 145/2021) (the “Competition Act”). In addition to the Competition Act, detailed rules applicable to merger control are regulated by the following bylaws: • the Guidelines on the Content and Method for Submission of Merger Notification ( Uputstvo o sadržaju i načinu podnošenja zahtjeva za izdavanje odobrenja za sprovođenje koncen - tracije ) (Official Gazette of Montenegro, No 18/2023) (the “Merger Notification Guide - lines”); • the Rulebook on the Method and Criteria for Determining the Relevant Market ( Pravilnik o načinu i kriterijumima utvrđivanja relevant - nog tržišta ) (Official Gazette of Montenegro, No 18/2023) (the “Rulebook on the Relevant Market”);
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