BAKU, Azerbaijan, January 18. Azerbaijan has increased the amounts returned by economic entities to consumers by 83 percent in 2023 compared to 2022 as a result of the expansion of public-private partnerships in the field of consumer protection and awareness-raising, Mammad Abbasbeyli, Head of the State Service for Anti-monopoly Control and Consumer Market Supervision under the Ministry of Economy of Azerbaijan, said during a press conference dedicated to the results of activities for 2023, Trend reports.
According to him, more than 618,000 manat ($363,000) were returned to consumers by economic entities during the reporting period.
"Talking about the main points of activity in 2023, it is necessary to note the following: the adoption of the Competition Code, the new law on public procurement, which came into force on January 1, 2024, as well as the State Program for 2023-2025 on the adaptation of the national standardization system to international requirements, which will make it possible to achieve the establishment in our country of a system of technical regulation that meets modern challenges with the implementation of obligations arising from the program," Abbasbeyli added.
To note, the State Service for Anti-monopoly Control and Consumer Market Supervision is involved in the preparation and implementation of state policy in the fields of anti-monopoly policy, public procurement, technical regulation, standardization, metrology, and consumer protection. The main mission of the service is to create conditions for free competition and effective protection of entrepreneurship, which ensures the sustainable development of the country's economy.
Meanwhile, the State Service for Anti-monopoly Supervision and Consumer Market Control was established by the decree of the President of the Republic of Azerbaijan dated October 23, 2019.
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