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ECONOMY COMMITTEE SUPPORTS BILL ON MARKET COMPETITION

ZAGREB, May 13 (Hina) - The Croatian parliament's Committee on Economy on Tuesday unanimously endorsed a government-sponsored bill on market competition which should replace the existing Law on the Protection of Market Competition and adjust Croatia's regulations with the European Union legislation.
ZAGREB, May 13 (Hina) - The Croatian parliament's Committee on Economy on Tuesday unanimously endorsed a government-sponsored bill on market competition which should replace the existing Law on the Protection of Market Competition and adjust Croatia's regulations with the European Union legislation. #L# The bill envisages measures regulating the protection of market competition in case of its prevention, limiting and violation. Under the bill, the Agency for Market Competition, managed by a seven-member council, would be in charge of the implementation of the law. Welcoming the sponsor's intention, the Committee also warned that the EU regulations on "anti-monopolist" market competition could not always be applied to the Croatian market. (hina) rml

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