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The practice of coordinated actions in public procurement

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Akaki Tsertsvadze

PhD student at Technical University of Georgia

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Slava Fetelava

Doctor of Economics (PhD), Lawyer Association Professor at Grigol Robakidze University

Abstract

The article explores various aspects of the legal regulation of concerted actions in public procurement. It highlights the role and significance of public procurement in the country's economic development. The principles designed to protect against unfair restrictions on free and fair competition, as established by current legislation, are outlined. The article assesses the importance of competition legislation within public procurement, particularly in evaluating the overall economic damage caused by noncompliance with these laws and the concerted actions of economic agents. Additionally, it examines the practical efforts undertaken by the Competition and Consumer Protection Agency of Georgia to identify and prevent concerted actions in public procurement. Specifically, it analyzes domestic practices for regulating, identifying, and preventing concerted actions in the public procurement market, with a focus on the public catering services sector.

Keywords: agreement, coordinated action, cartel, relevant market, public procurement, sanction, business environment.

References

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The New Economist, N 4 (2024), Vol. 19, Issue 3

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Published Date:

14/01/2025