The Law on Competition, adopted in 2001, established the Council of Competition as an independent and independent body with the status of a legal entity on May 1, 2004, with its headquarters in Sarajevo. The Council of Competition has the exclusive authority to decide on the existence of prohibited competitive activity on the market of Bosnia and Herzegovina.
This Law regulates competition policy for the first time as one of the most important instruments and pillars for the creation and strengthening of a single economic space, i.e. market, in Bosnia and Herzegovina.
Alignment with the Acquis
The law applies to all forms of preventing, limiting or disrupting market competition on the territory of Bosnia and Herzegovina or outside its territory if they have an effect on the territory of Bosnia and Herzegovina. Special attention is focused on agreements between economic entities, dominant position and abuses of dominant position, rules and procedures related to competition between economic entities.