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Plamen Yotov (Kambourov & Partners)
Legal Interest of Third Parties to Appeal Merger Clearances in Bulgaria
September 19, 2019

Bulgarian administrative law sets the bar high for legal interest of third parties not being an addressee of an administrative act to appeal the latter. A notorious example for the lofty threshold is…

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Eleonora Mateina (Eversheds Sutherland, Bulgaria), Anastasiya Grunova (Tsvetkova, Bebov and Partners)
Follow up: the Bulgarian Competition Authority reveals the largest bid-rigging cartel between undertakings in Bulgaria
July 25, 2019

Flashback In January 2019, the Bulgarian Commission for Protection of Competition (“BCPC”) issued a Statement of Objections against in total 24 Bulgarian undertakings for bid-rigging in public…

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Eleonora Mateina (Eversheds Sutherland, Bulgaria), Anastasiya Grunova (Tsvetkova, Bebov and Partners)
Follow-up: Bulgarian Commission for Protection of Competition blocks key transaction initially found not to constitute a concentration
April 24, 2019

In 2016, the Bulgarian Commission for Protection of Competition (“BCPC”) was notified for the intention of two of the biggest Bulgarian companies operating on the market of the manufacturing, repair…

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Plamen Yotov (Kambourov & Partners)
Abuse of Stronger Bargaining Position in Bulgaria – Initial Trends in Judicial Review
April 09, 2019

On 24 July 2015 an amendment to the Bulgarian Protection of Competition Act (“PCA”) was promulgated, introducing a novel type of infringement – abuse of stronger bargaining position. Article 37a of…

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Eleonora Mateina (Eversheds Sutherland, Bulgaria), Anastasiya Grunova (Tsvetkova, Bebov and Partners)
Bulgaria: Merger control decision annulled for turnover miscalculation
March 20, 2019

The Bulgarian Supreme Administrative Court (“SAC”) in a 5-member panel (acting as final instance) has annulled the decision of the 3-member panel of the SAC (acting as second instance) regarding the…

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Eleonora Mateina (Eversheds Sutherland, Bulgaria), Anastasiya Grunova (Tsvetkova, Bebov and Partners)
Bid rigging investigations on focus in Bulgaria
January 25, 2019

After almost three years of investigation, the Bulgarian Commission for Protection of Competition (“BCPC”) has issued a Statement of Objections against in total 24 Bulgarian undertakings for bid-…

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Eleonora Mateina (Eversheds Sutherland, Bulgaria)
The biggest Bulgarian telecom operator A1, member of Austria Telekom Group, fined for abuse of stronger bargaining position
December 13, 2018

A fine of slightly above EUR 400 000 was imposed to the biggest Bulgarian telecom operator – A1 Bulgaria, member of Telekom Austria Group (“A1”) for abuse of stronger bargaining position in its…

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Eleonora Mateina (Eversheds Sutherland, Bulgaria)
Follow-up: Despite the corporate changes within the acquirer, the Bulgarian Commission for Protection of Competition refused to consider a new merger clearance proceeding (Inercom/CEZ case)
October 22, 2018

In July this year, the Bulgarian Commission for protection of competition (the “Bulgarian Commission”) blocked the acquisition of the vertically integrated business of CEZ Group of companies (owned…

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Plamen Yotov (Kambourov & Partners), Aleksandra Kinaneva
PPF Mergers in Bulgaria – a Tale of Double Standard
September 20, 2018

The contemplated acquisition of Nova Broadcasting Group AD by PPF TMT Bidco 2 В.V (the latter entity and its economic group hereinafter referred to as “PPF”) along with a separate acquisition of the…

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Eleonora Mateina (Eversheds Sutherland, Bulgaria)
Bulgarian Competition watchdog opens rare proceedings for non-notification of a transaction
August 27, 2018

At the beginning of August 2018, the Bulgarian Commission for Protection of Competition (“BCPC”) opened proceedings against a local company for non-notification of an acquisition of another…

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