Archive for December, 2008

Anniversary of the SEE Legal Group

Friday, December 5th, 2008

On December 4, 2008 at the 5th Anniversary of the SEE Legal Group held at Dorchester Hotel in London, our managing partner Borislav Boyanov, who is honorary chair of the group, was awarded “for his vision and significant contribution to the wide recognition of the group.”

The New Bulgarian Protection of Competition Act

Tuesday, December 2nd, 2008

This brief note is addressed to lawyers and lists the main developments occasioned by the adoption of an entirely new Protection of  Competition Act in Bulgaria.

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10% of Annual Turnover is the Price to Pay for Entering into Prohibited Agreements and Abusing Dominance

Monday, December 1st, 2008

Many managers in Bulgaria still wonder: ”What is wrong with discussing the price of your product or the cost of your raw materials with your competitors?”. The new Bulgarian Protection of Competition Act provides a clear and stark answer – it could cost your company 10% of its annual turnover.

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Stiff Penalties for Failing to Notify a Merger to the Bulgarian Competition Authority

Monday, December 1st, 2008

The new Protection of Competition Act levies penalties equal to 10% of the annual turnover for companies who have missed notifying the relevant authorities about a merger or an acquisition.

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New Sanctions Put Unfair Competition and Misleading and Comparative Advertising at the Top of Corporate Compliance List

Monday, December 1st, 2008

How much does a marketing campaign cost? That may have been an easy question until recently, but with the new Protection of Competition Act, the answer may be that it will cost 10% of the company’s annual turnover.

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