Year at a glance 2023 saw further consolidation of the banking sector, with OTP Bank buying NKBM, creating the second largest bank in the country. In MOL / OMV Slovenija, the European Commission (“EC”) cleared (after a Phase II investigation and subject to an up-front-buyer remedy) MOL’s acquisition of OMV’s gas station network in Slovenia….
Year at a glance 2022 brought a major legislative overhaul, with the Slovenian parliament adopting a new Competition Act (“Competition Act”; sl. Zakon o preprečevanju omejevanja konkurence 2). While turnover thresholds remained unchanged, the Competition Act introduced the much-awaited simplified notification procedure (akin to Short Form CO). Despite the inflationary environment and raising interest rates,…
Competition developments in Slovenia followed the international trends. In the M&A frenzy of the pandemic era, the Competition Protection Agency (“CPA”) remained busy with an increased number of merger filings. While COVID cases seemed to have grown in parallel with dealmaking bonanza, the CPA returned to conducting on-site dawn raids. As ever, gun-jumping remained a…
