RBB

22 May 2019

Tobacco manufacturers cleared from concerted practice allegations in Serbia

On 21 May 2019 the Serbian Commission for Competition Protection officially dropped its investigation against tobacco manufacturers, including Imperial Tobacco, over a possible infringement of Article 10 of the Protection of Competition Act, consisting in alleged price coordination between producers of factory made cigarettes. In line with the findings of RBB's report submitted to the authority, the Serbian Commission dismissed the case on the ground that there was not enough evidence that the observed parallel behaviour was a result of coordination rather than the market structure and regulatory framework. RBB Economics assisted Imperial Tobacco alongside law firms Ashurst and BDK Advokati throughout the investigation.

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