September 2022

How secretive are the cartels in the market really?

We define a cartel as an agreement (concerted action) between two or more business entities that are mutual competitors on the market, which can be formal (e.g. contract, minutes, regulations, etc.) or informal (secret) agreement, one agreed provision, or joint action, the purpose of which is to exclude market competition between the participants of such […]

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ESG transition of tender procedures in Bosnia and Herzegovina

Based on data from the Organization for Economic Co-operation and Development (OECD), public contracting in member states of the Organization (including Bosnia and Herzegovina) represents an average of 12% of their GDP. Actions world governments are taking now could set the world on a path to a more sustainable future that balances environmental, economic, and

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