Fortenova

20 May 2021

Biggest gun-jumping fine or just a slap on the wrist?

The Serbian Competition Authority (“SCA”) recently focused on unapproved mergers i.e. gun-jumping.  The most recent “victim” of the SCA’s investigations into gun-jumping was Fortenova Grupa d.d. (“Fortenova”), with the only previous undertaking fined for gun-jumping being Prointer IT Solutions.  Meanwhile, Ernst & Young are also being investigated under the same allegations.  Is this simply a witch hunt or is there something going on here? Gun-jumping (not only during the Olympics) Before we get into the heart of the matter let`s define what gun-jumping is.  In competition law, gun-jumping is a concept pertaining to an unlawful pre-merger and pre-clearance coordination of […]

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