Abstract
The article deals with the theoretical and practical issues of competition in Georgia. The article analyzes the problems existing within this area in Georgia as well as the dynamics of gradual improvement of the competit- ive mechanism and competition policy. The main factors, which ensure the sustainability of the community institutional structure of both the com- petition institutional environment and the country’s overall socio-economic development, can be identified and monitored by the Economic Freedom Index. According to 2015 data, Georgia belongs mainly to the group of commonly free countries rated 23nd in the world, and in Europe it has 12th position among 43 European countries according to the Economic Freedom Index. However, there are some setbacks including the level of market openness (investment freedom and financial freedom) and development of Law and Order institutes (protection of property rights and freedom from corruption). In this respect, the impelementation of a complex of certain activities has been considered within the Georgia-EU Association Agenda, as well as in the socio-eco- nomic development strategy of Georgia (Georgia 2020).
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