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    Peter Petrov
    Partner
    +359 2 805 50 55
    p.petrov@boyanov.com
stiff-penalties-for-failing-to-notify-a-merger-to-the-bulgarian-competition-authority

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

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.

 

 

Copyright picture: pixabay.com

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