New EU Data Protection Rules – Should Serbian Companies Be Worried?

The new EU data protection framework, set to come into force on May 24, 2018 in the form of the General Data Protection Regulation (GDPR) is directly binding in all Member States, however its scope goes beyond the boundaries of the EU – affecting foreign companies that deal with personal data of EU citizens.  National Data Protection authorities of EU member states already have certain powers over foreign enterprises, as seen in the landmark Costeja case (C‑131/12) where Google Inc., an American company, was forced to protect a Spanish national’s right to the respect of his private life.  The GDPR […]

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19 Jun, 2017

The Dawn of Dawn Raids or the Twilight of Due Process in Serbia?

In the last 10 days of May 2017, the Commission for Protection of Competition of the Republic of Serbia (hereinafter: the Commission) has decided to roll up its sleeves and put a number of companies suspected of committing competition violations on its conveyor belt.  Unusually high number of unannounced inspections – conducted at the premises of B2M d.o.o., Grafo Trade d.o.o., Trgodunav d.o.o., Master Clean Express d.o.o., AD HI Panonija and Frikom d.o.o. – begs a question, why now?  By way of comparison, the Commission has used its powers to carry out dawn raids on business premises only six times […]

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13 Jun, 2017

Quarterly Review of Decisions Taken by Serbia’s Commission for Protection of Competition

During the first quarter of 2017, the Serbian Commission for Protection of Competition of the Republic of Serbia handed down a number of decisions in different areas of competition protection and recognized the necessity of conducting analyses of vital sectors such as telecoms, oil products and oil-derivatives: Restrictive agreements.  The Commission decided to investigate a close collaboration between two large players on the oil products market in Serbia.  On March 13, 2017, the Commission fined two direct competitors – Victoriaoil and Vital – for entering into a mutual cooperation agreement under which Vital agreed to outsource production and packaging of […]

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05 Jun, 2017

Gecić Law Proud to Host 2017 Reunion of the Harvard Law School Association of Europe in Belgrade

Over 160 Esteemed Guests Gathered in Belgrade to Mingle, Sightsee and Discuss Food Law Gecić Law is proud to announce completion of one of the most prestigious gatherings of legal professionals in Belgrade in recent history, bringing together high-profile individuals and young leaders in politics, business and innovation. Coordinated with the Harvard Law School Association of Europe (HLSAE), the 2017 reunion in Belgrade coincided with the Bicentennial Celebration of Harvard Law School (HLS) and took place over four days, from May 25 through May 28, 2017. The event included the myriad of activities showcasing Belgrade as one of Europe’s best kept […]

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25 May, 2017

“Sharing Economy” in the Spotlight – Let’s Call a Spade a Spade, Says EU Advocate General on Uber

On 11 May 2017, Advocate General of the Court of Justice of the European Union, Mr. Maciej Szpunar, issued a landmark opinion on legal qualification of Uber, the US ride hailing app, claiming that, from the perspective of the EU law, Uber should be characterized and treated as a transport company rather than as a mere information technology provider. The question that was posed to the EU highest court and that, according to Advocate General, needs to be assessed on a rather technical level, deals with Uber’s standing within the EU regulatory framework. Although non-binding, the opinion given by the […]

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11 May, 2017

Gecić Law Sponsors Annual Job Fair at the University of Belgrade, Faculty of Law

Gecić Law is proud to sponsor this year’s annual job fair organized by Belgrade’s group of the European Law Students’ Association (ELSA) at the University of Belgrade, Faculty of Law. This year’s event “Lawyers at Work” with the theme “Choose Your Career” will be held from May 9th until May 11th, 2017. Please feel free to visit our booth from 11:00-15:00 each day and bring your questions and CVs. Additionally, Bogdan Gecić, partner at Gecić Law will be discussing his professional experience at the closing session along with other panelists. This session focusing on law profession and career will be […]

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04 May, 2017

Collaboration Without Notification? Certain Joint Ventures out of the Scope of EC Merger Regulation, Says CJEU Advocate General

On April 27, 2017, Advocate General of the Court of Justice of the European Union (“CJEU”),  Ms. Juliane Kokott, issued an opinion stating that not every creation of joint ventures ought to be under control of the European authorities: only formation of those joint ventures which are to be entirely autonomous, full-function entities should be subject to the official scrutiny. As per words of the opinion’s respected author, said issue, although technical in essence, holds a “practical significance” for national and European watchdogs on the one hand, and market undertakings, on the other, given that it tackles the matter of interpretation […]

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26 Apr, 2017

New Data Protection Enforcement: Is Your Business Ready for It?

Businesses beware – imposing fines of up to 10% of the company’s Serbia-originated annual income in respect to enforcing Data Protection compliance will be one of the measures available to the Commissioner1  as of June 1, 2017, when the new Administrative Procedure Act is set to come into force. The changes to the Administrative Enforcement Procedure are going to allow this Data Protection Authority to enforce its decisions by fining companies in an amount considerably higher than the maximum enforcement-related fine of RSD 200,000.00 (approx. EUR 1,600.00) allowed by the current statute. This means that all companies will, if ordered […]

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12 Apr, 2017

EU Competition: Third Time’s a Charm? Not if you Ask the European Commission

On March 29, 2017, the European Commission (“Commission”) officially blocked the third attempt to implement the merger between the London Stock Exchange Group (“LSE”) and Deutsche Börse AG.  Said decision created an insurmountable obstacle to further cooperation of the two groups which was aimed at creating a European powerhouse able to compete with strong American and fast-emerging Asian financial markets. The long planned merger was to give rise to the world’s largest exchange by total income, the biggest for equities listings, and to an entity that would control more derivatives trades than any other entity in the world.1  It would […]

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31 Jan, 2017

Lufthansa/airberlin Secure a Green Light for the Wet-Lease Deal from the German Competition Authority

On January 30, 2017, the German competition authority (Ger. Bundeskartellamt) has decided to give final clearance to the implementation of the plan previously announced by two carriers, Lufthansa and airberlin, directed at the wet-lease of 38 aircrafts for the period of six years.  Under current state of affairs, there are no firm grounds for the subject agreement to be prohibited, since, as it was emphasized by Bundeskartellamt, it was not proven that it would in fact result in an actual distortion of competition.  In this context, apart from reaffirming the need for a presumption of competition violation to be proven […]

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