Digital markets have seen rapid expansion during the past two decades. A few large undertakings have established their positions as dominant players in digital markets globally, creating serious challenges for competition law enforcement in ensuring efficient and effective market regulation. Existing enforcement measures proved to be outdated or too slow when attempting to regulate the conduct of the Big Tech.
More than a year passed from the moment when the Law on Gender Equality ("Official Gazette of the Republic of Serbia", no. 52/2021, "Law") entered into force superseding the old one from 2009. The most important statutory obligations are targeting only employers with more than 50 employees and individuals engaged on out-of-employment basis.
During the first half of 2022 The Commission for Protection of Competition of the Republic of Serbia ("Commission") has been very proactive with respect to prevention of competition infringements. As a result of these efforts, in May the Commission also adopted a new Instruction for detecting bid rigging in public procurement procedures ("Instruction") thereby updating the older version of the Instruction from 2011.
In May 2021, the Law on Electronic Invoicing (“Law”) was enacted in Serbia. The Law introduces a new concept of electronic invoicing and regulates this matter in a significantly different manner than the previous legislative framework...
In November 2021, the Serbian Parliament adopted amendments to the Law on the Registration Procedure before the Business Registers Agency and the Law on Companies which entered into force on 16 November...
Recent years, especially in Serbia and the region, seem to have brought an increasing interest of the business community for matters like compliance, ethics, and more widely, business integrity.