Competition Law at North Macedonia
Here’s an overview of Competition Law in North Macedonia:
🇲🇰 Competition Law in North Macedonia
1. Legal Framework
North Macedonia’s competition law is governed primarily by the Law on Protection of Competition (last amended in 2021).
The law is harmonized with European Union competition rules, reflecting North Macedonia’s EU accession aspirations.
2. Key Provisions
Prohibited Practices:
Anti-competitive agreements such as cartels, price-fixing, market division, and bid-rigging.
Abuse of dominant market position by firms holding significant market power.
Mergers and acquisitions that substantially reduce competition require prior notification and approval.
Merger Control:
Transactions exceeding specified turnover thresholds must be notified to the Commission for Protection of Competition for review before completion.
3. Enforcement Authority
The Commission for Protection of Competition is the independent body responsible for enforcement.
It investigates anti-competitive behavior, reviews mergers, and imposes sanctions where necessary.
4. Sanctions and Remedies
The Commission can impose administrative fines up to 10% of the company’s total turnover for infringements.
It can also issue orders to cease anti-competitive conduct and annul illegal agreements.
5. Recent Developments
North Macedonia continues to modernize its competition policy to align with EU standards as part of the accession process.
There is increasing focus on digital market regulation and addressing abuses by dominant online platforms.
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