The new Bosnia and Herzegovina (BiH) Law on Competition entered into force in BiH on July 26 2005. The Law is modelled on EC law and covers restrictive agreements, the abuse of a dominant position, and concentrations in the territory of BiH. Of the provisions in the Law on Competition, the requirement to notify concentrations to the respective competition authority will have the most immediate and onerous effect for concentrations in the region.
August 31 2005