The Commission for Protection of Competition was established with the entry into force of the Law on Protection of Competition (“Official Gazette of the Republic of Serbia”, No. 79/05) as an autonomous and independent institution responsible for enforcing the law. The Commission reports to the National Assembly of the Republic of Serbia and submits an annual report on its activities.
The protection of competition on the Serbian market, aimed at achieving economic growth and welfare for the consumers and the society, as well as the organization and powers of the Commission, are laid down in the Law on Protection of Competition. In addition to the LPC, the protection of competition is also regulated by a series of bylaws adopted by the Government of the Republic of Serbia. Under Art. 73 of the Stabilisation and Association Agreement, the Commissionis also obliged to enforce the criteria arising from the application of the competition rules applicable in the European Union.