TUIE representative took part in a discussion of competition protection issues

07 April 2021

An online seminar “Competition against regulation and the organizational structure of the Agency for the Protection of Competition” which brought together about sixty participants from countries such as Azerbaijan, Turkey, Togo, Pakistan, Burkina Faso, Malaysia and many others were held on April 6-7, 2021.

From the Turkmen side, Batyr Kadjarov, chief specialist of the economy department of the Union of Industrialists and Entrepreneurs took part in the seminar.

The event was organized in cooperation with the Antimonopoly Authority of the Republic of Turkey under the Antimonopoly Capacity Building Program of the Center for Statistical, Economic and Social Research and Training for Islamic Countries (SESRIC) and aimed at studying competition law and policy, as well as experience in using effective competition systems. in member states of the Organization of Islamic Cooperation (OIC).

During the seminar, the regulatory role of the activities of antitrust authorities in the prevention of cartelization and monopolization, as well as in the protection of consumer rights through monitoring and supervision of markets to create a system of healthy competition was considered.

As noted, the adoption of the Convention against Cartels could establish uniform approaches of states to cartels as the most dangerous offences in the economic sphere, define a uniform and unified international terminology, consolidate a uniform approach to determining sanctions in cartel cases, as well as the necessary mechanisms for cooperation between competition authorities and law enforcement when investigating cartels. Achievement of this goal is ensured by solving a number of key tasks in the framework of the implementation of areas of international cooperation in both multilateral and bilateral formats.

In this regard, the importance of the Antitrust Authority Capacity Building Program (CA-CaB), developed by SESRIC in 2012 with the aim of enhancing human resource capacity in antitrust authorities operating in the OIC Member States, was also noted.