HARMONIZATION OF SERBIAN COMPETITION POLICY IN BANKING SECTOR WITH EU REGULATIONS

Abstract

The existence of a legal framework for the protection of competition is ”condicione sine qua non” for the modern market economy and fair market game in every industry. The purpose of this research is to analyze competition policy in the banking sector in Serbia and compare it with EU regulations to find out if the Serbian banking competition policy is aligned with EU standards. In this empirical research comparative analysis method has been applied. On the ground of received results, the empirical research shows that competition policy in the Serbian banking sector is moderately harmonized with EU rules.