The Serbian NCA seems to have set its sights on merger control: during the entire 2018 it had only one Phase II investigation, while during the first quarter of 2019 alone it has launched two such probes. Specifically, following the launch of a Phase II probe of a planned acquisition of a local cable operator by Telecom Serbia, the NCA is now investigating a planned JV between two leading retailers of consumer electronics and home appliances.

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