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Serbian Commission for Protection of Competition Initiates Investigation against “Inter Turs Plus” for Competition Infringements

Serbian Commission for Protection of Competition Initiates Investigation against “Inter Turs Plus” for Competition Infringements

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The Serbian Commission for Protection of Competition (the “Commission”) announced that on August 29, 2016, it had initiated an investigation procedure against Inter Turs Plus (“ITP”), a transportation company from Arandjelovac, in order to determine the assumed abuse of its dominant position.

In the previous period, as a consequence of the ongoing work of the Ministry for Construction, Transport and Infrastructure on the amendments of the Public Utility Services Act (the “Act”), the Commission has focused its activities on the area of public utility services. According to Article 3(5) of the Act, transportation services fall under the scope of public utility services, thus giving the special attention of the Commission to the situation involving ITP.

The existence of the competition infringement has been assumed by the Commission on the basis of the collected information, including numerous documents and other data. The aim of the infringement is or could have been a significant restriction, violation, or prevention of competition.

Consequently, the Commission will investigate whether ITP, as the sole operator of the bus station in Topola, abused its dominant position by increasing the price of the services offered by the station, such as the bus reception and departure. Namely, unfairly high prices of the bus station platform services, which lead to exploitation of consumers of this particular service, could represent a violation of Article 16 of the Competition Protection Act.

By Nikola Kasagic, Senior Associate, SOG / Samardzic, Oreski & Grbovic

Serbia Knowledge Partner

SOG in cooperation with Kinstellar is a full-service business law firm in Serbia that provides foreign and domestic clients with premium-quality legal advice and assistance across a wide range of key areas of corporate law. The firm was founded in 2015 by a group of seasoned, internationally-trained lawyers. SOG has developed a distinctively dynamic culture, bringing together top talent, fostering entrepreneurship, and maintaining exceptional relationships with its clients.

SOG has achieved consistent growth in the volume of its business, accompanied by an exponential increase in the number of hired associate lawyers and the firm’s network of business contacts. SOG has a robust client base of multinationals, investment and private equity firms, and financial institutions. Clients praise SOG for being commercially minded, very responsive and knowledgeable.

Establishing permanent cooperation with Kinstellar is part of realising SOG's long-term development strategy to be the leading provider of legal services in the Western Balkans market.

Firm's website: https://www.kinstellar.com/

 

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