The Commission for the Protection of Competition of the Republic of Serbia signed a Memorandum of Cooperation in the field of application of competition law with the Georgian National Competition Agency during the II International Conference on Competition and Consumer Protection held in Tbilisi.

This Memorandum, signed by Commission Council member Čedomir Radojčić and President of the National Competition Agency of Georgia Irakli Lekvinadze, is aimed at improving the cooperation in the field of competition protection as well as further development of bilateral relations.

Also within the panel “Restrictive agreements, effective mechanisms for detection and prevention”, member of the Council of the Commission Čedomir Radojčić held a presentation of the Business Compliance Program Model with regulations on competition protection with Guidelines and lists for compliance control and risk identification which was developed by the Commission.
The heads of state authorities of Georgia, representatives of regulatory bodies, experts from relevant fields and agencies of other countries, representatives of international organizations (UNCTAD, OECD, etc.), media and others participated in the conference as well.

The objective of this meeting, organized by the Georgian National Competition Agency, the National Bank of Georgia, the Georgian National Regulatory Commission for Energy and Water Supply, the National Communications Commission and the State Oversight Service of Georgia, was to exchange experiences and best international practices, improve joint action and establish cooperation between participants.