Anhang Nr. 2
Law of Georgia on Free Trade and Competition Chapter I General provisions Article 1. Scope of the Law 1. The present Law lays down principles of protection of free and fair competition from unlawful restrictions that creates the ground for the development of free trade and competitive market. 2. The present law defines the actions unlawfully restricting free trade and competition, legal basis for the prevention and elimination of the distortion of free trade and competition, and defines competences of an authorized body. 3. The present law applies to: a) Actions that take place on the relevant market and unlawfully distort the competition and free trade on the goods and services markets of Georgia. b) Actions and/or decisions of the State body, authorities of Autonomous Republics and/or local self-government authorities or those legislative norms that significantly distort (or can distort) competitive environment and free trade. 4. The law does not apply to: a) Intellectual property rights; b) Interactions envisaged by the “Law of Georgia on Securities Market”; c) Activities of the economic agent in a free economic zone; d) Objects of importance for national security; e) Labour relations: f) Markets the total turnover of which does not exceed 0,25% of the Gross Domestic Product; g) Goods and services necessary for defense and public safety. 5. Price creation does not belong to the sphere of regulation of the present law. Article 2. The Purpose of the Law Definitions used in this law have the following meaning: a) Inadmissibility of administrative,...
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