Extended term for the adoption of a decision

A recent amendment to the Competition Act, effective from 1 May 2004, gives power to the Antitrust Office of the Slovak Republic to extend the six-month period within which a decision on difficult cases should be adopted to a maximum of 24 months. The Office is also under an obligation to submit to the European Commission a draft of a decision to accept comments at least 30 days before the delivery of the decision.

Source: Slovak Parliament, www.nrsr.sk The Antimonopoly Office of the Slovak Republic, www.antimon.gov.sk Peterka & Partners e-mail: office@cabinet.sk

 
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