Competition Law

Representation and assistance in proceedings before the CPC in connection with mergers and acquisitions and protection against unfair competition

An investment in a business in Bulgaria or the expansion of a business by way of a merger or acquisition of control over another undertaking or parts thereof, as well as the conclusion of contracts having a similar effect, may require prior clearance of the transaction by the Commission for Protection of Competition. A failure to comply with competition law in these cases, even if unintentional, results in serious fines. That is why a prior analysis of the proposed transaction and its effects in terms of the requirements of competition law is essential to avoiding these risks.

LVLaw&Mediation offers:
    • Consultations and legal analysis in connection with planned mergers, acquisitions, and other forms of business concentration;
    • Preparation of notifications to the Bulgarian Commission for Protection of Competition with a request for clearance of transactions involving mergers, acquisitions, and other forms of concentration of business activities with effect in the Republic of Bulgaria;
    • Protection against unfair competition;
    • Representation before the Commission for Protection of Competition in proceedings relating to unfair competition and concentration of business activities, mergers, and acquisitions with effect in the Republic of Bulgaria.

Examples from the practice:
Members of our team have successfully represented a client, a leading pharmaceutical company, in proceedings before the CPC in connection with various acquisitions as well as in proceedings in connection with the imitation of its trademark by a competitor.

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