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A Proceeding Against the Association of Tourist Agencies of Montenegro

A Proceeding Against the Association of Tourist Agencies of Montenegro

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On 10 July 2023, the Agency for the Protection of Competition of Montenegro initiated a proceeding against the Association of Tourist Agencies of Montenegro for an alleged breach of the Competition Law.

Namely, during dawn raids conducted on the business premises of certain tourist agencies, the Agency came into possession of a Pricelist of services provided by tourist agencies.

The Agency concluded that the Pricelist prescribes fixed prices for services provided by tourist agencies. Consequently, the Agency suspected that the Pricelist may amount to a breach of competition and has therefore initiated an investigation procedure against the Association of Tourist Agencies of Montenegro. 

The information in this document does not constitute legal advice on any particular matter and is provided for general informational purposes only.

By Bojana Miljanovic Hussey, Partner, and Jelena Vucinic, Junior Associate,  Karanovic & Partners

Karanovic & Partners at a Glance

Karanovic & Partners is a regional legal practice in Southeast Europe with a tradition spanning over 25 years and cooperating offices in Serbia, Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, North Macedonia, and Albania. With more than 150 attorneys at law working together across the region, we take pride in our work, dedication, and understanding of our clients' industries and needs.

We work with some of the most respected and reputable businesses in the world, banks, as well as governments, state-owned entities, start-ups, and NGOs. We see our clients as long-term partners. We focus on straightforward solutions and tailor-made advice. Lawyers cooperating with us are fully immersed in our clients’ culture and industry to ensure that the work is delivered intelligently and reliably.

In our company culture, excellence is a must. We are reliable, adaptive, and fast. We operate under the “one team” principle, combining our regional reach and local know-how to deliver coordinated legal advice necessary for achieving our clients’ goals.

We are ambitious to propose innovative legal solutions and we are at the forefront of legal developments in Southeast Europe, pioneering new areas of the law and paving the way for new practices and regulations.

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