Georiga (2005)
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].
| 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
- ↑ 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).
- ↑ 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.
- ↑ World Bank, Georgia: Trade Brief http://info.worldbank.org/etools/wti2008/docs/brief70.pdf