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Bulgaria Takes Steps to Implement Directive 2014/104/EU

Bulgaria Takes Steps to Implement Directive 2014/104/EU

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On 2 September 2016, the Bulgarian Commission for Protection of Competition proposed a draft act for amendments (the "Draft") to the Competition Protection Act (the "CPA").

These amendments aim to implement Directive 2014/104/EU of the European Parliament and the Council of 26 November 2014, on certain rules governing actions for damages under national law, for infringements of competition law provisions of Member States, and of the European Union (the "Directive").

Currently, the Draft is open for public consultation. All interested parties may submit their proposals and opinions under the Draft by 17 September to the Ministry of Economy via email.

More information regarding the main changes brought about by the Directive to be implemented in the CPA, can be found at the website of the Directorate-General for Competition, Antitrust section.

Detailed information about the Draft, along with the motivations behind it can be accessed at the Bulgarian Portal for Public Consultation.

By Galina Petkova, Attorney at Law, Schoenherr

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

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AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

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