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Revolution, Evolution and Devolution: Overview of the Past Twenty Years of Competition Legislation in Serbia

This paper analyzes twenty years of competition policy in Serbia until 2011. It analyzes economic, political and legislative factors which have shaped the way in which the competition policy was established, both initially and in the reforms that followed. A particular attention is devoted to the institutional design and public law considerations of establishing the Competition Comission as a regulatory body, as well as technical and policy shortcomings of 2005 and 2009 reforms.