Competition
On its way to the EU, as the candidate, Montenegro has recently opened Chapter 8 – Competition. As the global economy expands, ever more companies are faced with competition concerns in various jurisdictions, while investigations of national authorities are increasing and enforcement is more aggressive, Montenegrin authorities are following this trend. Violations of competition laws are subject to enormous fines, and even a “mere” investigation can cause significant reputation damage to a company.
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KLO’s Competition team particularly focuses on the following:
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Vertical and horizontal agreements
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Dominant position and market behaviour
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Control of concentrations
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Compliance with regulations
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Due diligence estimates and employee training
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Risk assessment of violation of competition
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Competition protection methods
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Administrative proceedings & litigation
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Public procurement