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Maćešić & Partners | Croatia | 6 Aug 2021

GDPR: three years on

It has been more than three years since the EU General Data Protection Regulation (GDPR) took effect on 25 May 2018. On the same date, the Croatian legislature enacted the Act on the Implementation of the General Data Protection Regulation to create an adequate framework for the implementation of the GDPR. Although the GDPR is often perceived as an unnecessary administrative burden imposed by......
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Maćešić & Partners | Croatia | 18 May 2021

Trends in payment habits influenced by COVID-19 pandemic

The Croatian National Bank recently published a report which discovered interesting, but not unexpected, changes in consumer behaviour in the payment services market brought about by the COVID-19 pandemic. The pandemic has influenced not only world markets and economies, but also the everyday lives of market participants and their payment habits. The changes in citizens' payment habits......
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Maćešić & Partners | Croatia | 2 Apr 2021

Cybersecurity: overview of relevant institutions

The Croatian cybersecurity system is a complex cross-sectorial network of institutions and regulations in constant development but aligned with the requirements acquired through the country's membership of the European Union and the North Atlantic Treaty Organisation. This article explores the institutions that contribute to Croatia's systematic and coordinated effort to improve its......
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Schoenherr | Croatia | 11 Mar 2021

Croatian Competition Agency penalises tangerine reseller for unfair trade practices

The Croatian Competition Agency (CCA) recently closed the infringement proceedings against a tangerine reseller which had been opened ex officio to investigate potential unfair trade practices. The CCA penalised the tangerine reseller for violating the Act on the Prohibition of Unfair Commercial Practices in the Food Supply Chain by using its strong bargaining power. The CCA imposed a......
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Schoenherr | Croatia | 14 Jan 2021

Croatian Competition Agency examines legality of exclusivity clauses in lease agreements

The Croatian Competition Agency (CCA) recently closed the infringement proceeding against Croatia's largest insurer which had been opened ex officio. The proceeding concerned the exclusivity clauses in the insurer's commercial lease agreements; the CCA's main concern was that the clauses prevented landlords from cooperating with other insurers and thus restricted potential competition in the......
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Schoenherr | Croatia | 4 Nov 2020

Has Croatia implemented FDI screening mechanism?

The Regulation on the Implementation of the EU Foreign Direct Investment (FDI) Screening Regulation (the Implementing Regulation) recently entered into force. The foreign investment clearance concept has not been regulated under Croatian law before and, even with the Implementation Regulation's entry into force, little has changed. This article examines FDI in Croatia.
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Maćešić & Partners | Croatia, European Union | 20 Oct 2020

Croatia reaches major milestone for admission into eurozone

Seven years after its accession to the European Union, Croatia has entered the last stage of preparation to adopt the euro. The European Central Bank recently announced a list of eight Croatian banks which will be under its direct supervision following the country's admission to the exchange rate mechanism (ERM II) and the banking union. Since Croatia entered both the banking union and ERM II......
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Maćešić & Partners | Croatia, European Union | 7 Aug 2020

AI regulation – an overview

At present, the regulation of the AI sector in Croatia is practically non-existent, as is the case in many other EU member states. This might be viewed as troublesome, as the technology is advancing rapidly without a specific legal control system to provide guidance. However, the issues arising from the use of AI are complex and difficult to foresee, which makes the legislative process time......
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Maćešić & Partners | Croatia | 14 Jul 2020

Additional banking measures introduced to tackle COVID-19 crisis

During and following the peak of the COVID-19 crisis in Croatia, the government launched three packages of measures to mitigate the lockdown's effects on the economy. Since a large number of businesses remain far from recovery and their liquidity in the upcoming period is questionable, new types of financing option and support from the Croatian Bank for Reconstruction and Development are......
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Schoenherr | Croatia | 28 May 2020

COVID-19: CCA remains fully operational

The government recently announced a phased plan to lift restrictions that were imposed in Croatia as a result of the COVID-19 pandemic. While many sectors prepare to resume operations, the Croatian Competition Authority has been fully operational since 11 May 2020.
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