On January 24, the European Commission imposed a EUR 997 million fine on the world’s largest supplier of Long-Term Evolution (LTE) baseband chipsets, Qualcomm, and once again unequivocally confirmed that abusive market practices by dominant players were the eyesore of the EU competition law. By levying one of the highest fines in history, the Commission reproached the renowned US chipmaker for making financial concessions to Apple, its biggest customer, on the condition that it would buy LTE baseband chipsets exclusively from Qualcomm. This penalty came as one piece of puzzle currently surrounding the American tech giant – Qualcomm lost a […]
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In our previous piece (link), we discussed the relationship between IT companies and developers in the field of material copyrights over computer programs (“software”) in context of commercial usage of software by IT companies. However, the relationship between IT companies and developers in the field of copyrights might be of particular importance when it comes to amendments, adaptations, adjustments and other changes to the software as a copyrighted work. Namely, IT companies often modify, customize, upgrade and/or update software developed by their employed developers and/or external developers, or deliver the subject software to their clients for further modifications, customizations, adaptations, adjustments and […]
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Law is not a perfect system. In other words, given that the legislation of any given country is tasked with regulating a vast and varied specter of areas, it not uncommon for issues to surface that either are void of regulation, or governed by a multitude of rules at once, albeit differently. Namely, applying rules to particular “real-life” situations may unearth certain issues that are not regulated clearly enough i.e. that are disputed, while some of them snowball due to the frequency with which they arise. Undoubtedly, one such issue is the right of legal entities to compensation of non-material […]
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We are excited to announce that Gecić Law, contributed to the first-ever Serbia chapter of the Transnational Litigation Guide, December 2017 update. Published by Thomson Reuters, the most recent guide offers comprehensive overview and detailed analysis of litigation procedure as well as insight into the tactical, substantive and procedural issues of Serbian litigation system along with more than 27 other major legal systems. Authored by Ognjen Colić and Jovan Rajković, senior counsels at Gecić Law, the Serbian chapter includes detailed information and insights into Serbian litigation rules and covers topics such as: structure of courts, obtaining jurisdiction and choice of forum, […]
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Over the past decade, Serbia witnessed an unprecedented growth of its IT/ICT market, becoming one of the most attractive outsourcing and R&D destinations in Eastern Europe (link). Key players such as Microsoft, Adobe, Oracle, Google, HP, SAP, IBM, Siemens, Intel, Cisco, NCR Corporation, Telenor, Erickson, Endava and others grabbed this opportunity, either by establishing development centers in Serbia or outsourcing services to local IT companies. This resulted in two prevailing models – providing services through employed programmers/system architects/etc. (“developer/s”), or by engaging external developers (primarily registered entrepreneurs), a rather novel development. Because software may, as an original intellectual creation, represent […]
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Following a landmark year that saw Gecić Law truly challenge the role that a law firm plays in an emerging regional market through our innovative approach and high-end service, we are honored to announce that these efforts were rewarded as the Firm was shortlisted for the Lawyer European Awards 2018 in the category Law Firm of the Year: Eastern Europe and the Balkans. Awarded by the renowned UK-based industry publisher The Lawyer, these awards recognize extraordinary representatives of the legal industry, groundbreaking deals and leading individuals through its 24 distinct categories. The decision, made by the panel of 21 distinguished […]
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At the end of last year, the Act on Ratification of the Treaty Establishing the Transport Community (“Official Gazette of the Republic of Serbia – International Agreements“, No. 011/2017) (the “Act”), concluded by and between the European Union (the “EU”) and the South East European Parties—i.e. the Republic of Serbia, Montenegro, Bosnia and Herzegovina, the Former Yugoslav Republic of Macedonia, the Republic of Albania and Kosovo [1] (the “South East European Parties”)—came into force, which effectively implies that Serbia has already joined the EU, at least with respect to rail, road, inland waterway and maritime transport sectors. The aim of […]
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On 6 October 2017, the Chamber of Commerce and Industry of Serbia ( hereinafter: the Chamber of Commerce) published a document entitled, “Comments of the Members of the Serbian Chamber of Commerce: Protection of Competition Act” (Comments) resulting from consultations with the representatives of the Serbian business sector on the implementation of the Act on Protection Competition (Competition Act). As expected, in the document, members of the Chamber of Commerce emphasized the need for normative improvements and proposed amendments to the Act, all with the aim of fostering a more competitive business environment. Members of the Chamber of Commerce specifically […]
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Following almost 12 months of meticulous research, grueling screening processes, and a series of elaborate meetings and interviews, Gecić Law is excited to announce it has become the exclusive Serbian partner of TerraLex, the world’s leading international legal network and member of The Elite (Band 1) in the Chambers & Partners leading law firm networks global-wide rankings. We are incredibly grateful that TerraLex recognized our quality, reputation, international experience, and dedication to excellence in law practice. This extensive network spans over 100 countries worldwide and provides full-service assistance to clients through its 17 practice groups. As part of the TerraLex global […]
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Photo courtesy of Poje Marlo Members of our firm had the great honor and pleasure to visit Zagreb on December 1, 2017 on the occasion of the first anniversary of one of Croatia’s most promising law firm, Marohnić, Tomek & Gjoić (MTG). Similar to Gecić Law, MTG was founded through a merger of a number of prominent law firm spin-offs, joined by other leading lawyers and professionals, all brought together by a shared vision. On behalf of everyone at Gecić Law, we extend our heartiest congratulations to MTG on their first year of success. You can be very proud of the growth […]
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