On 10 July 2023, the Agency for the Protection of Competition of Montenegro initiated a proceeding against the Association of Tourist Agencies of Montenegro for an alleged breach of the Competition Law.
Namely, during dawn raids conducted on the business premises of certain tourist agencies, the Agency came into possession of a Pricelist of services provided by tourist agencies.
The Agency concluded that the Pricelist prescribes fixed prices for services provided by tourist agencies. Consequently, the Agency suspected that the Pricelist may amount to a breach of competition and has therefore initiated an investigation procedure against the Association of Tourist Agencies of Montenegro.
The information in this document does not constitute legal advice on any particular matter and is provided for general informational purposes only.
By Bojana Miljanovic Hussey, Partner, and Jelena Vucinic, Junior Associate, Karanovic & Partners