Georiga (2005): Difference between revisions

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<ref>This law is currently unavailable in English in any official form, however, an unofficial English translation is included in a Comment on the law, at http://www.geplac.org/newfiles/reports/Free%20Trade%20and%20Competition,%20Iturriagagoitia.pdf, by the Georgian-European Policy and Legal Advice Center (GEPLAC).</ref><ref>This law has also been discussed in "GEPLAC Activities: The Competition Policy in Georgia," ''Georgian Law Review'', vol. 9 #1/2 2006, pp. 5-41.  This article is available in English at http://www.geplac.org/files/50258_141_483576_The_%20New_Competition_Policy.pdf.</ref>
<ref>This law is currently unavailable in English in any official form, however, an unofficial English translation is included in a Comment on the law, at http://www.geplac.org/newfiles/reports/Free%20Trade%20and%20Competition,%20Iturriagagoitia.pdf, by the Georgian-European Policy and Legal Advice Center (GEPLAC).</ref><ref>This law has also been discussed in "GEPLAC Activities: The Competition Policy in Georgia," ''Georgian Law Review'', vol. 9 #1/2 2006, pp. 5-41.  This article is available in English at http://www.geplac.org/files/50258_141_483576_The_%20New_Competition_Policy.pdf.</ref>


This page is under construction and will be updated shortly to reflect the 2005 law, which revoked the previous competition law of 1996 in its entirety.  According to the English translations that are currently available, the 2005 competition law eliminates nearly all antimonopoly measures, while introducing significant state assistance for Georgian business.  This appears to have corresponded with the opening of Geogrian markets to international free trade, with the elimination or reduction of many tariffs and import duties<ref>World Bank, Georgia: Trade Brief http://info.worldbank.org/etools/wti2008/docs/brief70.pdf</ref>.  
This page is under construction and will be updated shortly to reflect the 2005 law, which revoked the previous competition law of 1996 in its entirety.  According to the English translations that are currently available, the 2005 competition law eliminates nearly all antimonopoly measures, while introducing significant state assistance for Georgian business.  This appears to have corresponded with the opening of Geogrian markets to international free trade, with the elimination or reduction of many tariffs and import duties<ref>World Bank, Georgia: Trade Brief http://info.worldbank.org/etools/wti2008/docs/brief70.pdf</ref>.  Georgia plans to avoid any changes to its current competition law, for the time being.<ref>Georgia -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, September 09, 2008.  http://www.imf.org/external/np/loi/2008/geo/090908.pdf</ref>.


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Revision as of 17:23, 4 October 2008

Score =

Governed by: The Law of Georgia on Free Trade and Competition of 2005. [1][2]

This page is under construction and will be updated shortly to reflect the 2005 law, which revoked the previous competition law of 1996 in its entirety. According to the English translations that are currently available, the 2005 competition law eliminates nearly all antimonopoly measures, while introducing significant state assistance for Georgian business. This appears to have corresponded with the opening of Geogrian markets to international free trade, with the elimination or reduction of many tariffs and import duties[3]. Georgia plans to avoid any changes to its current competition law, for the time being.[4].

Category Subcategory Score Comment
Scope Extraterritoriality
Remedies Fines
Prison Sentences
Divestitures
Private Enforcement 3rd Party Initiation
Remedies Available to 3rd Parties
3rd Party Rights in Proceedings
Merger Notification Voluntary
Mandatory
Pre-merger
Post-merger
Merger Assessment Dominance
Restriction of Competition
Public Interest (Pro D)
Public Interest (Pro Authority)
Other
Efficiency
Dominance Limits Access
Abusive Acts
Price Setting
Discriminatory Pricing
Resale Price Maintenance
Obstacles to Entry
Efficiency Defense
Restrictive Trade Practices Price Fixing
Tying
Market Division
Output Restraint
Market Sharing
Eliminating Competitors
Collusive Tendering/Bid-Rigging
Supply Refusal
Efficiency Defense

References

  1. This law is currently unavailable in English in any official form, however, an unofficial English translation is included in a Comment on the law, at http://www.geplac.org/newfiles/reports/Free%20Trade%20and%20Competition,%20Iturriagagoitia.pdf, by the Georgian-European Policy and Legal Advice Center (GEPLAC).
  2. This law has also been discussed in "GEPLAC Activities: The Competition Policy in Georgia," Georgian Law Review, vol. 9 #1/2 2006, pp. 5-41. This article is available in English at http://www.geplac.org/files/50258_141_483576_The_%20New_Competition_Policy.pdf.
  3. World Bank, Georgia: Trade Brief http://info.worldbank.org/etools/wti2008/docs/brief70.pdf
  4. Georgia -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, September 09, 2008. http://www.imf.org/external/np/loi/2008/geo/090908.pdf