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Competition & EU

Bulgaria

Competition authorities have increasingly far-reaching powers to investigate mergers, markets, sectors, cartels, market conduct and commercial arrangements. You face an ever increasing risk of regulatory intervention, significant penalties, damages litigation and criminal liability. Our dedicated competition and regulatory experts in CEE, including former regulators, can advise you on the entire range of contentious and non-contentious competition law issues. We regularly advise clients on competition matters across multiple jurisdictions in CEE, working closely together, to deliver consistent and joined-up advice.  We have a successful track record in representing clients before national authorities and courts, as well as the European Commission and courts.

The CMS Competition Group is one of the largest teams in the market and works closely with the CMS EU Law Office in Brussels. We support clients on all their competition law needs: cartels, horizontal and vertical restraints, abuse of dominance, merger control, state aid, investigations and compliance, regulatory appeals, criminal liability, damages litigation, public procurement and consumer protection.  Being compliant and implementing effective risk mitigation strategies is key.  We focus not only on problem solving but also on helping you avoid problems in the first place. Our large team of competition lawyers has extensive experience in helping navigate these challenges so that you can focus on your business. We have in-depth knowledge of competition rules across different countries and markets and use our sector approach to understand your business environment and come to grips with your issues.

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Atanas Bangachev
25 June 2018
CEE Green­field Guide
Third edi­tion
21/11/2018
EU in­sti­tu­tions reach polit­ic­al agree­ment on new EU frame­work for...
On 20 Novem­ber 2018, ne­go­ti­at­ors for the European Par­lia­ment, the European Com­mis­sion and the Coun­cil reached a polit­ic­al agree­ment on a pro­posed new EU frame­work for screen­ing for­eign dir­ect in­vest­ment (FDI) which will al­low EU Mem­ber States to call for in­vest­ments.
08/05/2018
Green­field In­vest­ments in CEE 2018
13/11/2018
Bul­garia ad­opts new Cy­ber Se­cur­ity Act
On 31 Oc­to­ber 2018, the Bul­gari­an par­lia­ment passed the Cy­ber Se­cur­ity Act after a second read­ing, pav­ing the way for this law's en­force­ment with­in the next couple of weeks. The Law im­ple­ments EU Dir­ect­ive 2016/1148 (or the “NIS Dir­ect­ive”) for sus­tain­ing a.
Gabriela Edreva
01/01/2018
Fair Play
Bro­chure Com­pet­i­tion Law
15/10/2018
European Com­mis­sion charges Slov­ak rail com­pany with dawn raid ob­struc­tion
On 25 Septem­ber 2018, the European Com­mis­sion sent a State­ment of Ob­jec­tions to ZSSK, a Slov­ak rail com­pany, al­leging that it had ob­struc­ted a dawn raid by giv­ing in­cor­rect in­form­a­tion and de­let­ing data from a laptop.
12 October 2016
CEE Mer­ger Clear­ance Mat­rix
21/09/2018
In­solv­ency among elec­tri­city traders on the in­crease in Bul­garia
In the wake of in­creased com­pet­i­tion stem­ming from the re­cent lib­er­al­isa­tion of the Bul­gari­an elec­tri­city mar­ket, more and more elec­tri­city play­ers and ma­jor elec­tri­city traders such as Fu­ture En­ergy and En­ergy Fin­an­cing Group are now fa­cing ser­i­ous fin­an­cial.
20/07/2016
First Sanc­tion for Ab­use of Su­per­i­or Bar­gain­ing Po­s­i­tion
03/09/2018
The Com­mis­sion de­cides that tax on ad­mis­sion fees in Greek casi­nos...
The European Com­mis­sion has con­cluded that a sys­tem of levies on State-set ad­mis­sion fees at Greek casi­nos does not con­sti­tute EU State aid. The Com­mis­sion had ini­tially taken is­sue with the meas­ures and de­cided, after an in-depth State aid in­vest­ig­a­tion con­cluded.
03/07/2015
The fourth Anti-Money Laun­der­ing Dir­ect­ive
30/07/2018
EC: Ef­fects of pri­cing al­gorithms in the con­text of re­sale price main­ten­ance
On 24 Ju­ly 2018, the European Com­mis­sion ("Com­mis­sion") im­posed fines on four elec­tron­ics man­u­fac­tur­ers for fix­ing the prices of their on­line re­tail­ers. In as­sess­ing the im­pact of re­sale price main­ten­ance, the Com­mis­sion also fo­cused on the use of pri­cing al­gorithms.