The antitrust/competition in Bulgaria is regulated by national and EU legislative provisions. On a national level, the central legislative act is the Protection of Competition Act (PCA), which to a large extent derives its principal provisions from Articles 101 and 102 of the Treaty on the Functioning of the European Union (TFEU, i.e. Articles 81 […]
Competition
Monopoly and Dominant Position in Bulgaria
The nature of monopoly and dominant position under the Protection of Competition Act (PCA) in Bulgaria. A position of an enterprise is considered to be monopolistic if that undertaking, by virtue of the law, has been granted exclusive rights to carry out certain economic activity. A monopoly position shall be granted only by virtue of […]
Prohibited Agreements and Concerted Practices
What market conducts shall be considered prohibited under the Protection of Competition Act in Bulgaria? The Bulgarian Protection of Competition Act (PCA) provides general prohibition on all kinds of agreements, decisions and concerted practices between two or more undertakings that are aimed at preventing, restricting or distorting the fair competition on the relevant market. 1. […]
Merger Control in Bulgaria
The legal definition of merger control in Bulgaria strongly resembles the one provided by Council Regulation (EC) No 139/2004 (the EC Merger Regulation), and it reads the following: A concentration shall be deemed to occur where a change of control on a lasting basis results from: (a) the merger of two or more previously independent […]