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BUSINESS BRIEFS

Antitrust draft gets nod from cabinet

At its November 17 session, the cabinet approved a draft legal outline - submitted by the Slovak Antitrust Bureau (PMU) - for the protection of economic competition. Simona Sýkorová of the PMU said the proposal would increase the bureau's independence.

In contrast to the current situation, in which the chairman of the bureau is appointed and dismissed by the government, the new law would have the PMU boss elected by parliament for a fixed term, and would stipulat reasons for possible dismissal. The new law would also extend the list of illegal anti-competitive practices in corporate agreements such as collective boycotting, bid rigging and predatory behavior. On procedural provisions, the draft redefines appeal proceedings.

Top stories

Night life in Bratislava will not end

Councillors for the Old Town adopt new opening hours for pubs, night clubs and restaurants.

Cvernovka's creative talents celebrate first open day at new premises Photo

Bratislava's art and design ateliers from the old yarn-making factory open their doors on May Day.

New premises for Cvernovka

How social networks can earn you a ticket to Germany

Can a status on a social network change someone’s life? Yes, if you write humorous stories about a fictive German ambassador.

Assaf Alassaf (r) talked about his life and his book in Bratislava

New investor to create 500 jobs in Nitra

A company following the Jaguar Land Rover carmaker to Nitra plans to create 500 new jobs and invest €17 million.

Tha Jaguar Land Rover draws also other investors to Nitra.