Advokatsko druzhestvo Stoyanov & Tsekova in cooperation with Schoenherr updates

Commission for Protection of Competition conducts sector analysis of insurance market
Advokatsko druzhestvo Stoyanov & Tsekova in cooperation with Schoenherr
  • Competition & Antitrust
  • Bulgaria
  • December 15 2016

The Commission for Protection of Competition recently conducted a sector analysis of the competition environment in Bulgaria's insurance market. The main purpose of the report was to provide insight into the insurance market and specify potential competition issues. It is expected that strategies, programmes and plans to improve the insurance environment will be adopted in the future by the relevant bodies.

Competition Protection Commission investigates insurance sector
Advokatsko druzhestvo Stoyanov & Tsekova in cooperation with Schoenherr
  • Competition & Antitrust
  • Bulgaria
  • January 22 2015

The Competition Protection Commission recently initiated an inquiry into Bulgaria's insurance sector, which will define competition problems and the reasons for them. The commission will publish its findings, which should be used as a platform for public discussion of the identified problems.

Competition Protection Commission approves retail chains' proposed commitments
Advokatsko druzhestvo Stoyanov & Tsekova in cooperation with Schoenherr
  • Competition & Antitrust
  • Bulgaria
  • August 16 2012

In a recent decision the Competition Protection Commission approved proposals for commitments from some of the largest retail chains in Bulgaria which had previously been suspected of prohibited practices. The commission found that the proposals contained specific measures which may prevent the restriction of competition in the relevant markets.

Regulation adopted for remedies in merger control proceedings
Advokatsko druzhestvo Stoyanov & Tsekova in cooperation with Schoenherr
  • Competition & Antitrust
  • Bulgaria
  • June 14 2012

The Competition Protection Commission has adopted a regulation on remedies for the restoration of effective competition when it has serious doubts about whether a notified transaction may establish or strengthen a dominant position and opens an in-depth phase of the merger control proceedings. With the adoption of the regulation, the commission aims to make merger control proceedings more transparent.

Competition Protection Commission: exchange of information between competitors
Advokatsko druzhestvo Stoyanov & Tsekova in cooperation with Schoenherr
  • Competition & Antitrust
  • Bulgaria
  • March 15 2012

The Competition Protection Commission recently adopted, for the first time, guidelines regarding the exchange of information between competitors. In addition, the commission lists in the guidelines examples of the unlawful exchange of information on the basis of its own practice, the practice of the European Commission and that of member states' anti-monopoly authorities.

Competition Protection Commission accuses travel agencies of bid rigging
Advokatsko druzhestvo Stoyanov & Tsekova in cooperation with Schoenherr
  • Competition & Antitrust
  • Bulgaria
  • January 19 2012

The Competition Protection Commission recently announced that a statement of objection had been submitted to three Bulgarian travel agencies for infringement of the cartel prohibition under Article 15, Paragraph 1 of the Competition Protection Act. The three companies are accused of having manipulated the public procurement procedure for the provision of airline tickets for business trips.

Commission clears hotels and tour operators of anti-competitive behaviour
Advokatsko druzhestvo Stoyanov & Tsekova in cooperation with Schoenherr
  • Competition & Antitrust
  • Bulgaria
  • October 20 2011

Following an investigation into the hotel sector in which it considered market characteristics including supply and demand, price dynamics, the market shares of hotels within each category in different municipalities, the contractual relationships between hotels and tour operators and the role of trade associations, the Competition Protection Commission has held that operators in the sector have not engaged in anti-competitive behaviour.

Competition Protection Commission completes fuel sector inquiry
Advokatsko druzhestvo Stoyanov & Tsekova in cooperation with Schoenherr
  • Competition & Antitrust
  • Bulgaria
  • October 13 2011

The Competition Protection Commission has completed an inquiry into the Bulgarian fuel sector. The investigation focused on commercial relationships between participants in the market for the production, import and sale of gasoline and diesel. The inquiry also aimed to identiy legal and administrative barriers to market entry which arose under the Bulgarian legal framework.

Competition Protection Commission opens two new sector inquiries
Advokatsko druzhestvo Stoyanov & Tsekova in cooperation with Schoenherr
  • Competition & Antitrust
  • Bulgaria
  • June 16 2011

The Competition Protection Commission has initiated two new sector inquiries. As a reaction to a dramatic increase in fuel prices, the commission recently started sector inquiries into the market for the production and realisation of gas oil and diesel. It has also initiated an investigation into the inter-related grain, wheat flour and bread markets following an increase in bread prices.

Competition Protection Commission investigates milk sector
Advokatsko druzhestvo Stoyanov & Tsekova in cooperation with Schoenherr
  • Competition & Antitrust
  • Bulgaria
  • March 17 2011

According to the Competition Protection Commission, the Bulgarian milk market suffers from similar problems to the equivalent markets in other EU member states. Following a recent investigation, the commission cited the conclusions of the European Commission and its recommendation that these problems be solved by implementing changes to EU common agriculture policy and the applicable national and EU competition laws.

Competition Protection Commission investigates retail chains
Advokatsko druzhestvo Stoyanov & Tsekova in cooperation with Schoenherr
  • Competition & Antitrust
  • Bulgaria
  • March 10 2011

In July 2009 the Competition Protection Commission initiated procedures against the largest retail chains in Bulgaria for suspected prohibited practices. The procedures were opened after the commission received several indications from the Bulgarian Confederation of Employers and Industrialists that the chains were engaged in anti-competitive activity.

Commitments in antitrust proceedings
Advokatsko druzhestvo Stoyanov & Tsekova in cooperation with Schoenherr
  • Competition & Antitrust
  • Bulgaria
  • July 08 2010

The Commission on the Protection of Competition adopted the Rules on the Examination of Proposals for Commitments under the Law on the Protection of Competition. The new competition act stipulates that investigations have two phases. At the end of the first phase, if there is sufficient evidence of an infringement, the commission will prepare a statement of objections and start an in-depth investigation.

Appeal court quashes commission's cartel decisions
Advokatsko druzhestvo Stoyanov & Tsekova in cooperation with Schoenherr
  • Competition & Antitrust
  • Bulgaria
  • March 25 2010

During 2007 and 2008 the Commission for Protection of Competition conducted six cartel investigations in different sectors. Following five of the investigations the commission imposed fines for price fixing and the exchange of sensitive commercial information. Two of these decisions have been upheld by the courts and are now binding.

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