Bogdan Gecić, the Founder and Managing Partner at Gecić Law, was quoted in Forbes, the leading global business publication, in an article titled “Nine Ways To Support An Average Or Low-Performing Employee”. Bogdan was asked to join a panel of experts and share his perspective on the best ways to help associates improve their performance. “A leader must be mindful of at least two things: One is that each member of the team is unique and complex in their own way and, therefore, requires a tailored approach to perform at their best. The other is that we must learn to […]
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In January 2018, the European Commission (Commission) imposed on Qualcomm, a US chipsets company, a fine of close to €1 billion for abuse of dominance from February 2011 to September 2016. The Commission found the company liable for prompting Apple to conclude agreements with incentive payments and make it exclusively bound by Qualcomm’s LTE chipsets to be incorporated into their devices. This had, ultimately, led to anticompetitive effects on the relevant market. Qualcomm challenged the decision which was annulled in its entirety on June 15, 2022, by the General Court of the EU (Court) for two reasons – procedural irregularities […]
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On June 17, 2022, the Council of the Serbian Competition Authority (“Council“) adopted the proposal of the Model Program for Business Compliance with the Competition Rules (“Model Program”), in order to help the undertakings in developing their own compliance programs. In that sense, the Council points out that the Model Program represents only an example and a proposal to the undertakings, and that each compliance program should be made in accordance with the specific needs of a certain undertaking, as well as adjusted with the markets on which a particular company operates. The aim of the Model Program is to assist undertakings […]
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In this edition of our series dedicated to our esteemed colleagues who were recognized in this year’s The Legal 500 EMEA rankings, we bring you our founder and managing partner Bogdan Gecić. After being recognized by The Legal 500 as a Leading Individual in Competition for seven consecutive years, in this year’s rankings, Bogdan was especially honored by being amongst the distinguished few to be inducted into the elite global directory’s newly established EMEA Hall of Fame category, which highlights the law firm partners who are at the pinnacle of the profession having received constant praise by their clients for continued […]
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The first post-covid Global Meeting of the elite global legal alliance TerraLex was last week’s highlight as lawyers from 180 member law firms from across the globe gathered in Oslo. Delegates had the opportunity to learn, collaborate and network with their colleagues in a unique series of activities and a relaxed collegial atmosphere. The Gecić Law team took to the center stage, as for the first time the alliance built its annual meeting around a single theme, choosing one of the hottest topics in the legal world today – ESG: Environmental, Social, and Governance. The gathering took a multifaceted approach […]
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Collusive tendering or bid rigging is an illegal activity by which bidders create the illusion of competition while secretly agreeing among themselves which of them will win the tender. By choosing the best price, the purchasers, who are frequently national and local governments, are forced to pay more than they would otherwise pay in conditions of fair competition. Bid rigging is one of the most severe competition law infringements which causes damage to taxpayers given that public procurement participates to a substantial extent in the economy of each country. It typically accounts for 12% of the gross domestic product, which […]
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Six months after the last summit in Tirana, high-ranking officials from Serbia, Albania, and North Macedonia gathered again in Ohrid as a part of the Open Balkans Initiative. This summit was also attended by the Commissioner for Neighborhood and Enlargement of the European Union, the Prime Minister of Montenegro, and the Chairman of the Council of Ministers of Bosnia and Herzegovina, indicating that the EU fully supports the Open Balkans Initiative, and signals that Bosnia and Herzegovina and Montenegro could soon become part of the Initiative. Summit in Ohrid was marked by further expansion of cooperation between Serbia, Albania, and […]
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Serbian Mining and Energy Minister Zorana Mihajlovic revealed last week an aggressive national climate and energy plan that aims to increase the share of renewable energy sources (RES) fivefold to 15% by 2030, reducing dependency on coal and take Serbia into carbon-neutrality by 2050, in line with EU targets. The EUR 35bn plan focuses on solar, wind and hydropower project and is set to mark a fundamental shift that should reshape its energy sector over the coming decades. She said the new energy and mining legislation that came into effect in 2021 is historic in its focus on RES and […]
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Building on our series of CBAM articles, we report shocking news from the EU Parliament. Members of the EU Parliament (“MEPs”) unexpectedly rejected a series of legislative proposals from the “Fit for 55” legislative package, including the EU Parliament’s negotiating position on the introduction of a Carbon Border Adjustment Mechanism (“CBAM”). Back in 2005, the EU established the EU Emissions Trading System (“ETS”) which has since become a cornerstone of the EU’s climate change policy and its most important tool for reducing greenhouse gas emissions. Since its inception, the ETS is constantly being reformed which was one of the goals […]
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With the idea of implementing the four freedoms of the European Union in the Western Balkans as soon as possible; movement of people, goods, services and capital, the Open Balkan initiative was launched in October 2019 by the leaders of Serbia, Albania, and North Macedonia. It is a major step in cooperation between the three countries, aiming to increase trade and improve bilateral relations. Another important milestone is expected this week at the Summit to take place in Ohrid, June 7-8. The legal framework and basis for concrete activities within the Open Balkan initiative were established by declarations and agreements […]
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