Abstract

In the article "Antimonopoly Policy in Georgia", the author emphasizes the role and importance of economic competition policy in the process of formation of a market economy in the country. In addition, it presents the process of formation and development of this policy in Georgia in dynamics, which is divided into fourteen stages, taking into account the expected changes (the creation of the Competition Council and the unification of enforcement mechanisms under the umbrella of one competition body in the future). In addition, the positive and negative aspects of the policy implemented in the country at each stage have been analyzed and a conclusion has been made that the anti-monopoly policy implemented in Georgia since the beginning of the nineties of the last century - in the beginning and in the last period - was outstanding. That is, from the first, second and eighth stages onwards - the practice of antimonopoly regulation can really be considered successful or at least partially successful. Also, the opinion is expressed that after the planned institutional change from January 1, 2025, and finally, with the introduction of the implementation process of the unified antimonopoly policy in the country through one body (National Competition Agency/Competition Council), the enforcement of the antimonopoly policy in the country will be even more successful, which will make the business environment in Georgia safer and more attractive. Keywords: antimonopoly policy, institutional changes.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call