US EditionRiigikogu Passes Controversial New Competition Act
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4 Articles
Riigikogu passes controversial new Competition Act
More than four years past its deadline, the Riigikogu has passed amendments to the Competition Act, which have been the subject of prolonged political debate. Critics claim the bill's passage was driven by intense lobbying aimed at protecting narrow business interests.
GCCA Presents 2024 Report on Fair Competition
Georgia: The Chairman of the Georgian Competition and Consumer Protection Agency (GCCA), Irakli Lekvinadze, presented the Agency’s report for 2024 at the meeting of the Committee of Field Economy and Economic Policy. At the hearing, the chairman of the agency reviewed the activities implemented to strengthen competition policy, mechanisms for protecting consumer rights and standards adopted, anti-dumping measures, and ongoing projects. According…
The Act assumes, among other things, the transfer of new competences to the President of the Office of Competition and Consumer Protection (UOKiK) in the field of the digital market.
The Riigikogu adopted amendments to the Competition Act. The aim of the act is to strengthen a fair and transparent business environment, improve the efficiency of competition supervision, and ensure better consumer choice and fairer prices.
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