BAKU, Azerbaijan, May 28
By Zeyni Jafarov - Trend:
The work is underway in Azerbaijan to finalize the draft Competition Code to improve it, the State Service for Antimonopoly Policy and Consumer Market Control under the Azerbaijani Ministry of Economy told Trend.
The State Service said that for this purpose a working group, which studied advanced international trends in the field of competition policy and control, was created.
"Taking into account both international experience and the conditions of economic growth of Azerbaijan, a new improved draft of the Competition Code has been prepared," the State Service said. "At present, the project is at the stage of coordination with the relevant structures."
Earlier, during the online briefing "Results of 2020" of the State Service for Antimonopoly Policy and Consumer Market Control under the Ministry of Economy, Deputy Chief Mammad Abbasbayli said that the developed concept had already been presented to the relevant structures and the State Service was receiving their feedback and suggestions.
"We hope for the adoption of the Competition Code by the end of this year," Abbasbayli said.
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