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Consumer electronics market under the spotlight of the Commission for Protection of Competition

On 3rd of September the Serbian Commission for Protection of Competition (“Commission”) announced that it conducted dawn raids and initiated ex-officio proceedings against companies Roaming Electronics d.o.o. Beograd, Tehnomanija d.o.o. Beograd, and ComTrade Distribution d.o.o. Beograd, active in the market of consumer electronics, due to alleged anti-competitive behaviour, i.e. violation of Article 10 of the Serbian Law on Protection of Competition (“Law”). Namely, the Commission explained that based on Eurostat data for 2019, the prices of consumer electronics products in the Republic of Serbia were 13% higher than the prices of the same products in the EU, and for the certain categories of products up to 33-39% higher than in Hungary. Based on further market research, the Commission found that certain consumer electronics products were selling at (nearly) the same prices on the market. Consequently, the Commission found reasonable grounds to believe that that the companies mentioned above and also some other companies active on the same market were setting resale prices, which represents a form of restrictive agreement and an infringement of competition under Article 10 of the Law.

For more details please contact Branislav Maric and Tamara Zejak.