The event discussed the implementation and practical application of the Competition Code, highlighting its contribution to improving the business environment and supporting entrepreneurship in the country.
Representatives of the State Agency for Antimonopoly and Consumer Market Control under the President of the Republic of Azerbaijan took part in an awareness-raising event on the “Implementation of the New Competition Code” organized by the Azerbaijan-France Chamber of Commerce and Industry (AFChamber).
Elnur Baghirov, Chairman of the Agency, and Teyba Guliyeva, Chair of the Board of AFChamber, delivered opening remarks. They spoke about measures being taken to prevent anti-competitive practices and ensure equal opportunities for market participants. The requirements of the Competition Code and the importance of market participants’ compliance with them in building a sustainable business ecosystem were stressed. Particular attention was also drawn to the importance of the awareness-raising event in informing the business community and strengthening public-private dialogue.
As part of the event, Shamsi Rzali, Head of the Division for State Control over Natural Monopolies of the Agency, gave a presentation titled “Implementation of the Competition Code”. The presentation gave comprehensive information on the structure of the Competition Code, its implementation mechanisms and the obligations imposed on market participants by the new legal requirements under the Code. Explanations were given on the approval of economic concentrations and on the legal and regulatory framework governing the activities of natural monopoly entities and their potential impact on the competitive structure of the market. Issues arising from the application of the legislation were illustrated with practical examples from the business environment.
The event continued with a question-and-answer session.
