29 September 2024,   03:34
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GCCA starts monitoring the tobacco market

The Georgian Competition and Consumer Agency, based on the address of the local industry, started monitoring the tobacco market.

“Within the framework of monitoring, the Agency will assess the quality of the competitive environment, market concentration, the Herfindahl-Hirschman index, market volume, eundertakings participating in the market, market shares, and etc. in the tobacco product market. Interim results will be publicly available to relevant parties periodically.

In 2023, the Agency concluded its monitoring of the bancassurance market and issued six mandatory recommendations. Also, the liquid and natural gas market monitoring was completed and the results revealed that there are no threats of continuous monitoring and violation of competition legislation. The markets for motor fuel, cranberries, and nuts are currently being monitored”, - reads the statement of the agency.

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